Re:The Stock Market Is Shrinking
by paulddraper on Sunday August 05, 2018 @02:47PM
(#17692786)
I hear you, but startups are extremely risky ventures. So risky that many don't even try. And if you have a family, it gets even harder.
VCs reduce the personal risk (at the cost to the personal upside). I suspect this compromise is helpful to very many.
Moreover, VC terms are far better than they were 20 years ago. It is not at all hard to get funding with 1x liquidation vanilla terms, something that used to be quite challenging.
VCs reduce the personal risk (at the cost to the personal upside). I suspect this compromise is helpful to very many.
Moreover, VC terms are far better than they were 20 years ago. It is not at all hard to get funding with 1x liquidation vanilla terms, something that used to be quite challenging.