how venture capital works
how VC works? where VCs get their money, a high-risk asset? The job of fund managers is to ensure that giant pile of money grows. At the lowest end, it needs to grow in line with inflation, 9% annually in US for example. VC is spread-betting across a large number of startuos. They are trying to deploy a fund into a set of startups that matches their hopes, dreams and ambitions. Ultimately, there are just two goals. The lowest possible goal is to return the fund. ...