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by ahstilde
1877 days ago
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> I can believe: The $500 million is too small for VCs to care, and the 200 times $10 billion is too big for them to believe. This is actually true. The model of VCs requires that they take extremely high risk with extremely high upside. But their job is to derisk as much as possible. They derisk market risk, technical risk, and operational risk. Get the traction, and the money will follow. |
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