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You are certainly right. But that's a kind of insider explanation from within our world. If you're explaining the economics of computerland in broad strokes, t
by idlewords 12y ago
You are certainly right. But that's a kind of insider explanation from within our world.
If you're explaining the economics of computerland in broad strokes, there's no significant distinction to make between angel investment and VC. The two groups intermingle, they fund the same projects (with the same expectations of risk and growth), and they even move in the same social circles.
- jacquesm 12y ago> But that's a kind of insider explanation from within our world. Good point, I will have to work harder on divorcing myself from that. It's hard though. For the purpose of founders that are relatively in-experienced the two groups appear similar enough that there is little to no outward difference. That viewpoint is worth correcting.
- idlewords 12y agoWhy is it worth correcting? That viewpoint is correct.