5 ms·
> you imply that VCs are rational because bet their own money, which in current complicated world probably is not true. Correct. Most VCs are using someone els
by cheema33 1y ago
> you imply that VCs are rational because bet their own money, which in current complicated world probably is not true.
Correct. Most VCs are using someone else's money. See Softbank. And making extremely poor judgements on how to use that money.
- jordanb 1y agoUnfortunately in many cases those "other people" are, for instance, California's teachers.