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Re:Opendoor is cutting 35% of its employees by hef19898 on Thursday April 16, 2020 @11:48AM (#22890597)
If the benchmark was 10% a lot more money would go to more traditional investments. And VC funding would be much lower.
Re:Opendoor is cutting 35% of its employees by atlantacrackers on Thursday April 16, 2020 @12:12PM (#22890835)
Stated another way, the equity premium over a 10% treasury rate would make VC investment for LPs much much less attractive as an asset class.