238. Ventures in Capitalist Innovation, Part 1: History and Mechanics
This Machine Kills
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Venture Capitalists and LPs
You could have invested that $4.5 billion into crypto fund four and got some apes. You could have got NFTs of homes. That was 6,000% return and then a 30,000% loss. The funds are also not immortal things. They last for usually a few years. But in general, they last anywhere from as much as five to ten years.
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