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by hyperbovine 3332 days ago
This seems like the correct answer, otoh VC money is still not MY money.
3 comments
sharkweek 3332 days ago
Not that VC mandates are normally more than a few %s of most LP's allocations, it's still someones money; pensions, insurance, etc. all take a hit if VC funds fail.
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shakestheclown 3332 days ago
They can't burn money forever, and while I can't blame anyone for going the cheaper option for now they won't subsidize forever.
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_pmf_ 3332 days ago
> This seems like the correct answer, otoh VC money is still not MY money

This depends on where the 700 billion dollar from the Emergency Economic Stabilization Act of 2008 ended up.

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