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> 1. People aren't going to take on risk and deploy capital if they can't get a return. This doesn't seem to align with the behavior I've observed in modern V
by metalliqaz 1y ago
> 1. People aren't going to take on risk and deploy capital if they can't get a return.
This doesn't seem to align with the behavior I've observed in modern VCs. It truly amazes me the kind of money that gets deployed into silly things that are long shots at best.
- disgruntledphd2 1y agoWhen you think about all of VC being like 1% of a mostly boring portfolio it makes more sense (from the perspective of the people putting the money in).