Victoria Silchenko
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Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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No Limits: Modern Poetry For Modern People
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published
2012
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“The overall data shows that more than twice the money flows into venture capital from LPs than comes back to them in a given year.
I wanted to hold onto something positive from this industry—after all, I’ve met a few brilliant people in it—but looking at the data, it’s hard, if not impossible.
In a Freudian sense, it's worth remembering that sometimes a cigar is just a cigar—not everything has a deeper psychological meaning.
VCs have made it look like magic, but the illusion disappears once you turn on the lights.
At its core, venture capital isn’t as much a unique asset class as it is a troubled one. The industry survives by injecting more and more capital each year, while leaving the majority of limited partners stuck at the losing end of a pay-your-bid auction.”
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
I wanted to hold onto something positive from this industry—after all, I’ve met a few brilliant people in it—but looking at the data, it’s hard, if not impossible.
In a Freudian sense, it's worth remembering that sometimes a cigar is just a cigar—not everything has a deeper psychological meaning.
VCs have made it look like magic, but the illusion disappears once you turn on the lights.
At its core, venture capital isn’t as much a unique asset class as it is a troubled one. The industry survives by injecting more and more capital each year, while leaving the majority of limited partners stuck at the losing end of a pay-your-bid auction.”
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“Anyone who is paying attention can see that entrepreneurship is slowly vanishing, making way for mega-employers in our platform-oriented economy—where success is dictated by network effects and timely access to capital to fuel a never-ending acquisition spree. A process that current antitrust laws have failed to prevent entirely.”
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“Let’s face it—in the age of social media, opinions have become commodities, traded at high frequency with no real impact.”
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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