3 ms·
1. Big problem 2. ASML was propped up by ASM and Philips, stepping in as "VCs"
by apexalpha 11mo ago
1. Big problem
2. ASML was propped up by ASM and Philips, stepping in as "VCs"
- didibus 11mo agoFor VC don't you need a lot of capital and people with too much money? Isn't that then a chicken and egg?
- deleted 11mo ago[deleted]
- JumpCrisscross 11mo ago> and people with too much money? No. VC’s historical capital has come from institutional investors. Pensions. Endowments. Foundations.
- didibus 11mo agoInteresting, is that still the case? And how is the decision to take those high risk investments made for things like pensions and such?