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Of course it is, the whole thing with the internet is a small group of people can reach a disproportionately massive number of people who can pay with their mon
by benoau 2y ago
Of course it is, the whole thing with the internet is a small group of people can reach a disproportionately massive number of people who can pay with their money or data. Startups with massive upfront costs that can also achieve that are increasing the risk not the upside.
- janalsncm 2y agoBut why should VC money be limited to Internet technologies?
- benoau 2y agoThey're just trying to carve out a disproportionate ROI. Internet is one of the easiest ways to do it, and when you look at what else can: movies/tv shows, games, medicine, medical devices etc, a smash-hit AAA game or movie can generate a billion in revenue in week 1 but it takes them 4 years and over a hundred million to get there.