News for hackers. Stuff that matters.
Re:Superlinear Returns by pierat on Tuesday October 17, 2023 @07:10PM (#37922783)
Because the goal of a vulture crapitalist is to sell at the exponential part of the sigmoid curve.

And of course, sell the idea that "the next big idea" is exponential at 30x..... Until you hit the top of the sigmoid.

Wash, rinse, repeat.

Re:Superlinear Returns by dalyons on Wednesday October 18, 2023 @12:53AM (#37924970)
FYI all those examples are PE, not VC. Fairly different. Not that VC doesn’t have its own problems, but yeah.