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In no way is VC a loan. It's an investment. A bet. (Ignoring the use of convertible debt, which is really just a hack to benefit everyone).
by staunch 14y ago
In no way is VC a loan. It's an investment. A bet.
(Ignoring the use of convertible debt, which is really just a hack to benefit everyone).
- ucee054 14y agoDon't work in finance. You'll lose a ton of money if you try.