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In 2013, the Ponzi scheme of VC investing still existed. The VCs could pawn off their money losing companies to the public market, sell their equity fast and
by scarface_74 2y ago
In 2013, the Ponzi scheme of VC investing still existed. The VCs could pawn off their money losing companies to the public market, sell their equity fast and watch the stock either quickly decline or stay flat.
The public got wise.
- digitcatphd 2y agoEconomic cycles. As soon as the next cycle builds up momentum all the low risk entrepreneurs will rush in again.
- scarface_74 2y agoWhere will they get the funding if not from VCs? What will motivate VCs if not large potential exits?
- digitcatphd 2y agoDon't make me tap the sign.
- scarface_74 2y ago????