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A comment on Last Time It Was This Crazy, the Stock Market Crashed. Parent comment

Re:Last Time It Was This Crazy, the Stock Market Crashed by bhouston on Tuesday October 14, 2014 @05:07AM (#8452544)
> it's VC money, not people's savings.

Well, technically VC money is people's savings, usually parts of pension funds I believe.

[ Parent | on HN ]
Re:Last Time It Was This Crazy, the Stock Market Crashed by lmm on Tuesday October 14, 2014 @07:15AM (#8452851)
A little of it is pension funds or sovereign wealth funds, but most of it is from high-net-worth individuals. Investors are required to be financially sophisticated; they know the risks they're taking.
[ Parent | on HN ]