3 ms·

> lent legitimacy of VC funding. Does VC funding really lend legitimacy to anyone except other VCs?

• ericd 13y ago
  Sure, someone public who was given lots of money by big institutions voted for it with their money. There are a lot of fly by night operations doing this kind of thing, not many VC funded ones that I'm aware of.
  • brazzy 13y ago
    > voted for it with their money. That is "voted for its likelihood to generate profits or be acquired at a high valuation". That's not exactly equivalent to my definition of "legitimacy".
    • ericd 13y ago
      Some people assume that VCs have a reasonable minimum ethical bar.