Re:Startups Once Showered with Cash Now Have to Work for It
by morgante on Saturday May 21, 2016 @04:03PM
(#11745966)
These are literally drops in the ocean for banks and VC in general.
Banks invest in VC the same way that auto manufacturers do: to suss out potential innovations and/or to have inside access to future disrupters. They don't do it for the returns.
Banks invest in VC the same way that auto manufacturers do: to suss out potential innovations and/or to have inside access to future disrupters. They don't do it for the returns.