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Is Bitcoin Bullsh*t? - Mike Green
TRIGGERnometry
Venture Capitalists Are Not Rewarding Individuals for Their Investments
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Venture capitalist receives a percentage of the excess returns that are generated over and above the cost of the initial investment. Google has purchased over, I believe it's 1500 companies over the last 15 years since it went public. "When you've been rewarded for that, the institutions grow up and flourish that reinforce that type of behavior," he says.
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