Re:Can a $310M startup avoid due diligence?
by bpodgursky on Monday February 07, 2022 @02:01PM
(#30249385)
Yes, this is a huge misunderstanding of where the returns from VC come from. It does not come from "moderate success". That's hopeless, given the fail rate.
If you have a safe path to 20% or even 100% returns, just get a loan. There's absolutely not point in the VC process at that level... or reason for them to exist.
If you have a safe path to 20% or even 100% returns, just get a loan. There's absolutely not point in the VC process at that level... or reason for them to exist.