Loaning money that poses no risk to yourself (subprime brokers) is quite different from loaning money you risk losing (VCs). Morals don't come into it, they ar

Loaning money that poses no risk to yourself (subprime brokers) is quite different from loaning money you risk losing (VCs). Morals don't come into it, they are factually different. VCs aren't on selling their risk (thus mitigating it). Are they? (I could misunderstand how VCs operate).