> you make it sound like all the VCs got together and decided to make this happen. it's instead an artifact of the economic system we have. it's due to humans being involved, but not caused by individual humans.
"Your poor returns are an artifact of the economic system we have. The collapse in the value of your investments with our firm is due to humans being involved, but this was not caused by individual humans."
- Every hedge fund manager, mutual fund manager, venture capitalist
> the car analogy would be the waves of stop-and-go traffic on a congested freeway, which is caused by variances in reaction times of people.
I think the pusherman analogy is more apt: he who sells crack gets crackheads.
"Your poor returns are an artifact of the economic system we have. The collapse in the value of your investments with our firm is due to humans being involved, but this was not caused by individual humans."
- Every hedge fund manager, mutual fund manager, venture capitalist
> the car analogy would be the waves of stop-and-go traffic on a congested freeway, which is caused by variances in reaction times of people.
I think the pusherman analogy is more apt: he who sells crack gets crackheads.