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This post seems to assume that VCs are out for the greater good of the world. I don't think they are and they shouldn't be. They are out to maximize returns f
by gsibble 14y ago
This post seems to assume that VCs are out for the greater good of the world. I don't think they are and they shouldn't be. They are out to maximize returns for their members through savvy investment.
- DanielRibeiro 14y agoI agree. Dan Shapiro detailed a little more the forces that affect VCs a few years ago: http://www.danshapiro.com/blog/2010/08/vc-insanity-economics/ http://www.danshapiro.com/blog/2010/08/vc-insanity-economics...