Hacker News new | past | comments | ask | show | jobs | submit login

This seems like the correct answer, otoh VC money is still not MY money.



Not that VC mandates are normally more than a few %s of most LP's allocations, it's still someones money; pensions, insurance, etc. all take a hit if VC funds fail.


They can't burn money forever, and while I can't blame anyone for going the cheaper option for now they won't subsidize forever.


> This seems like the correct answer, otoh VC money is still not MY money

This depends on where the 700 billion dollar from the Emergency Economic Stabilization Act of 2008 ended up.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: