alt Hacker News> and people with too much money?
No. VC’s historical capital has come from institutional investors. Pensions. Endowments. Foundations.
> and people with too much money?
No. VC’s historical capital has come from institutional investors. Pensions. Endowments. Foundations.
Interesting, is that still the case? And how is the decision to take those high risk investments made for things like pensions and such?