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by diego
5006 days ago
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The goals of VCs are very different than the goals of entrepreneurs. Their job is to return at least 3x cash-on-cash in 10 years with relatively low beta. Why should their standards be the same as those of entrepreneurs? In fact, I wrote a blog post that's very relevant to this point: http://diegobasch.com/traditional-vcs-and-first-time-entrepr... |
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