moving the goal posts? poor tactical decision, sam. you've just undermined your whole position.

before, with the open definition of VC, it expressed a high confidence in your bet.

now, by limiting the pool of potential bet takers, you are weakening your overall goal of maintaining public perception that there is no bubble.

the analogy is boxing. before, you were putting a huge bet that you were the best boxer in the world and you challenged any other boxer to challenge you so you could prove it. now that someone has, it's like saying that you are the best boxer in the world, and anyone can challenge you to prove it, except this challenger because reasons. it sounds like an excuse not to fight and makes you look scared.

lol.

it sounds like your confidence in your position concerning bubbles has been weakened, but you are trying to convince yourself it is as strong as ever by saying no REAL venture capitalist has taken your bet, so you must still be right.

it's cool though, I'm sure nobody will notice.

The bet also serves as an interesting hedge for anyone whose net worth is already heavily correlated with the success of the tech sector (which certainly includes VCs). 100k is not enough to really matter to a GP at a 500MM fund, especially if it goes to charity either way. But there are plenty of smaller VCs or even startup founders (including myself) who would do that deal not because they're skeptical of tech's fundamentals, but as a way to counteract exposure to an overall macro/tech downfall.