Re:SoftBank’s $375M bet on pizza went bad fast
by heymijo on Sunday February 16, 2020 @06:45PM
(#22344463)
> But isn't that simply the nature of venture capital?
Venture capital isn't a monolith.
Investing in pre-seed, seed, or series A rounds are significantly different than coming in as an investor in a later round.
For Softbank to whiff so badly on such late stage investments is drastically different than an early stage investor failing with a similar portfolio. The risk and uncertainty profiles are starkly different for the early stage and late stage investor.
Venture capital isn't a monolith.
Investing in pre-seed, seed, or series A rounds are significantly different than coming in as an investor in a later round.
For Softbank to whiff so badly on such late stage investments is drastically different than an early stage investor failing with a similar portfolio. The risk and uncertainty profiles are starkly different for the early stage and late stage investor.