4 ms·
Full agree. This is... just being a VC. If it's not your own money and you're aligning with someone else's thesis, you're just a vc with crappier terms
by mvkel 1y ago
Full agree. This is... just being a VC. If it's not your own money and you're aligning with someone else's thesis, you're just a vc with crappier terms
- kdazzle 1y agoWell, sounds like a VC but without a good bit of the stress and hassle. Like you wouldnt have to gin up money from LPs
- bix6 1y agoThat’s what angel investing is. Instead with this strategy you get a whopping 5% of profits and Andreessen gets 95% for your efforts / network.
- CoffeeOnWrite 1y agoWhat? The scout doesn’t risk capital, of course they get only limited return.
- bix6 1y agoYeah as mvkel said it’s just being a VC with shittier terms. Why not just be an actual angel? Presumably the author has the capital for it now. And if they’re confident enough to risk someone else’s capital why not risk their own?