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A comment on Dog-walking startup Wag raised $300M, then things got messy. Parent comment
Bezos isn't a VC, he owns the greatest demand engine the world has ever known, and that matters when spending money.
And Gates ? he deals, smartly, with much lower sums. His energy VC is for example, has $1B.
It's not so easy spending $40B-$50B in 3 years, like the vision fund did.
It is if you buy a few healthy companies instead of gambling in the early stage startup market.
Bezos isn't a VC, he owns the greatest demand engine the world has ever known, and that matters when spending money.
And Gates ? he deals, smartly, with much lower sums. His energy VC is for example, has $1B.
It's not so easy spending $40B-$50B in 3 years, like the vision fund did.