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Broadly, you're right, but again, there is an incredible amount of inequality at the moment, so while 90% of VCs might be strapped for cash, ther other 10% have
by SimianSci 1y ago
Broadly, you're right, but again, there is an incredible amount of inequality at the moment, so while 90% of VCs might be strapped for cash, ther other 10% have so much that they are struggling to find worthy investment vehicles that can grow their money-pile.
Its a dillema they are in because nothing can justify the volume of investment enough without a sufficiant potential for growth, so any venture that even hints at big enough return, will find itself flush with cash it wont realistically know what to do with.