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Well, sounds like a VC but without a good bit of the stress and hassle. Like you wouldnt have to gin up money from LPs
by kdazzle 11mo ago
Well, 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 11mo 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 11mo agoWhat? The scout doesn’t risk capital, of course they get only limited return.
- bix6 11mo 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?