>Bringing the startups they invest in begging to their knees, putting all their eggs into one bank. It almost works like a ponzi scheme.
Why blame the VCs and not the bank itself for its poor investment choices (ie. buying a bunch of long dated bonds/MBS)?
>Bringing the startups they invest in begging to their knees, putting all their eggs into one bank. It almost works like a ponzi scheme.
Why blame the VCs and not the bank itself for its poor investment choices (ie. buying a bunch of long dated bonds/MBS)?