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My take is the VC world will split into three - Million startups - put loads of cash into thousands of startups globally and play a huge vegas lottery - there
by lifeisstillgood 3y ago
My take is the VC world will split into three
- Million startups - put loads of cash into thousands of startups globally and play a huge vegas lottery - there is a lot of work there for the BC companies but played well it will have influence at the levels seen by newspapers or major consultancies used to
- the current much maligned approach that is going to creep further up the series A B C tree supplying capital to companies that have developed the model to just churn
- your one. The one I and half of HN is looking for :-) Honestly this confuses me - there is a large chunk of people on this very site that you could have convinced to leave what they are doing and set up a company with the risk of doing so mitigated by "nice VC" cash.
And since everyone in the industry claims they invest in people not ideas then they are turning away people because they won't raise their price to meet a new point on the risk threshold curve.
So yeah something like VCs that fund profitable non IPO businesses seems a good idea. I mean if you stop asking people to make moon shots maybe more of them will just make 20% per year ROI