Dog-walking startup Wag raised $300M, then things got messy

Re:Dog-walking startup Wag raised $300M, then things got messy by baobabKoodaa on Friday September 27, 2019 @07:00PM (#21097049)

When you have $1M to invest you have a ton of options. When you have $100B to invest, your options are more limited.

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Re:Dog-walking startup Wag raised $300M, then things got messy by pmiller2 on Friday September 27, 2019 @08:50PM (#21097609)

I don’t think that’s true. When you have $100B and are hoping to earn a 10x return, your options are limited. $100B is only about 2.5 the size of Harvard University’s endowment, IIRC. You could manage that $100B like an oversized hedge fund and still make money, but probably not 10x returns.

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Re:Dog-walking startup Wag raised $300M, then things got messy by dragonwriter on Saturday September 28, 2019 @12:18AM (#21098411)

> You could manage that $100B like an oversized hedge fund

The largest couple hedge funds are in the broad neighborhood of that size, so perhaps not too oversized.

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Re:Dog-walking startup Wag raised $300M, then things got messy by baobabKoodaa on Tuesday October 01, 2019 @02:23PM (#21128869)

Your options are more limited even if you would be happy with steady-ish returns averaging 12%/year. There simply isn't as many options to choose from.

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