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by ryandrake
18 days ago
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Many startups simply solve the following problem: Rich person has a massive amount of money, and wants to use some of that to chase risky returns. They don't really know what to do with it, so they become an LP and act as part of a risk sink for crazy ideas. In that way, the pitch decks, logos, landing pages, and breathless hype is, itself, the "problem" in the process of being solved. |
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