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That's a problem of trust, money flows to startups because the so called capital allocators don't trust themselves with such amount of money, otherwise they'd b
by JumpinJack_Cash 3y ago
That's a problem of trust, money flows to startups because the so called capital allocators don't trust themselves with such amount of money, otherwise they'd be investing all into companies where they are at the helm.
The whole family office concept is something new, back in the day if someone had money they'd just invest in themselves by expanding their own business.