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This is the case for all investment, not just VC. Even cash, gold, real estate etc works on the same principle. It is valuable because other people find it valu
by YetAnotherNick 3y ago
This is the case for all investment, not just VC. Even cash, gold, real estate etc works on the same principle. It is valuable because other people find it valuable, not because the thing will give investor the profit in itself, just the valuation are expected to grow.