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VC is the worst possible way to fund entrepeneurs. Except for all the others.
by gimmefreestuff 2y ago
VC is the worst possible way to fund entrepeneurs.
Except for all the others.
- JumpCrisscross 2y agoVC is good for high-risk, capital-intensive, scalable bets. The high risk and scalability cancel out, thereby leaving the core of finance: lending to enable economics of scale. Plenty of entrepreneurship is low to moderate risk, bootstrappable and/or unscalable. That describes where VC is a raw deal. It also does not describe AI.