The Unicorns Fell into a Ditch

Re:The Unicorns Fell into a Ditch by dreamcompiler on Monday May 18, 2020 @02:04PM (#23226074)

Old VC model: 1. Invest billion$ in startup. 2. Profit.

New VC model: 1. Light billion$ on fire. 2. Matt Levine critiques the height and coloration of your flames. 3. There is no step 3.

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Re:The Unicorns Fell into a Ditch by projektfu on Monday May 18, 2020 @03:06PM (#23226986)

Old VC model was invest $80M in startup, profit, IPO. Now it’s a billion here, a billion there....

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Re:The Unicorns Fell into a Ditch by altoidaltoid on Monday May 18, 2020 @03:35PM (#23227330)

Pretty soon you're talking about real money

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