Doesn't matter. It's self-correcting.
-
-
-
Not for the people who get burned
- 5 more replies
New conversation -
-
-
I don’t know how 1 is in the US but it’s about impossible here
-
It’s basically impossible here too, unless you’re very clever
- 7 more replies
New conversation -
-
-
A option isn’t possible, let alone better. B emerges because LPs can get A type predictable returns in public markets and other asset classes. VC / PE model is lottery by design to provide diverse, uncorrelated returns.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
$Billion scale is not an appropriate solution to every market demand. There is room for small and mid sized startups targeted to capitalize on niche opportunities. Unicorn obsession bloats many new companies that, with more tempered growth strategies, may have thrived.
-
Natural consequences for overshooting an opportunity must must be left intact. I think the dilemma for startups is the moonshot vs. legitimate problem paradox. Founders and funders try to grow 10,000x instead of solving real issues go bust.
End of conversation
New conversation -
-
-
You have touched on a fundamental problem of the innovation ecosystem in the US. There is a giant hole between high-risk VC and low risk commercial banking. It has prevented numerous profitable, but slow growth companies from ever forming. Bankers used to fill this role. No more.
-
this is absolutely spot on
End of conversation
New conversation -
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.