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0 pointsbhouston11y ago0 comments

> it's VC money, not people's savings.

Well, technically VC money is people's savings, usually parts of pension funds I believe.

0 comments

lmm11y ago

A little of it is pension funds or sovereign wealth funds, but most of it is from high-net-worth individuals. Investors are required to be financially sophisticated; they know the risks they're taking.

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0 pointsbhouston11y ago0 comments

> it's VC money, not people's savings.

Well, technically VC money is people's savings, usually parts of pension funds I believe.

0 comments

lmm11y ago

A little of it is pension funds or sovereign wealth funds, but most of it is from high-net-worth individuals. Investors are required to be financially sophisticated; they know the risks they're taking.

j / k navigate · click thread line to collapse