I mean this seriously: what problem does one think they're solving, here?https://twitter.com/Noahpinion/status/1088113678640009216 …
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True, though VCs also get 1% that make gangbusters - VC funds structure their strategy around those, the 90% are detrius. BR by definition doesnt capture the finc. returns of its impact, and calc-ing the value add sans that is tough - innovation in firms is still hard to value!
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A non-profit idea VC would still be aiming at the "1% that make gangbusters," it's just that the measure might not be profitability, but something like "creation of new idea substrate" or essential concepts... there are a lot of would-be philanthropists, this doesn't seem crazy
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