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Re:Y Combinator narrows current cohort size by 40%, citing d... by q-big on Wednesday August 03, 2022 @07:07AM (#32330124)
A VC fund will only get money if the risk-adjusted rate of return is greater than the rate of interest; otherwise backers of the VC fund invest their money elsewhere.

This means that VC have to become more selective with respect to the startups that they invest in, as I described.

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