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Because VCs are compulsive gamblers, and they're convinced the payout if they "win" is enormous
by LordDragonfang 2y ago
Because VCs are compulsive gamblers, and they're convinced the payout if they "win" is enormous
- herval 2y agoto be fair, that's exactly what the asset class EXISTS for - betting on huge outcomes, no matter the odds. People misunderstand that due to how much of tech is "VC funded" when building stuff that would fare better as a bootstrapped company (or funded by other means)