238. Ventures in Capitalist Innovation, Part 1: History and Mechanics
This Machine Kills
00:00
VCs Aren't Reliable Source of Funding for Startups, Right?
VCs are constantly raising money, which means they're going to be reliably pursuing startups. They identify investment opportunities, evaluate companies, negotiate investment terms. Advise the management of portfolio companies and liquidate investments. And so, they have a lot of control over, or they can have a much more powerful position than you would think.
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