Nothing gets people to care so much about VC losses as does a 10 figure check!
Seriously, this stuff is great. A lot of people are getting rich, and I'm sure some value will be created out of it. LPs will be the ones holding the bag but thankfully we don't have a tradition of bailing them out like banks, so what do I care? In the meantime I benefit from VC subsidized coding assistants.
Seriously, this stuff is great. A lot of people are getting rich, and I'm sure some value will be created out of it. LPs will be the ones holding the bag but thankfully we don't have a tradition of bailing them out like banks, so what do I care? In the meantime I benefit from VC subsidized coding assistants.