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by bhouston 4261 days ago
> it's VC money, not people's savings.

Well, technically VC money is people's savings, usually parts of pension funds I believe.
1 comments
lmm 4261 days ago
A little of it is pension funds or sovereign wealth funds, but most of it is from high-net-worth individuals. Investors are required to be financially sophisticated; they know the risks they're taking.
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