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rglover
3mo ago
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Either for a modest return when it sells or as a tax write off when it fails.
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bcye
3mo ago
VCs do not invest for a modest return.
rglover
OP
3mo ago
No, but faced with either a loss or a modest return, they'll take the modest return (unless it's more beneficial to
not
come tax season). Unicorns are called unicorns for a reason.
bcye
3mo ago
The question was why do investors
invest
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