Comment on Bird, once valued at $2.5B, just filed for bankruptcyparentComments−jjtheblunt2yThe zero interest rates make getting loans cheap, but aren’t there angel investors who lose their investments recommended by VCs?−rchaud2yThe angel investor has the same approach as VCs: if 1 out of 10 companies in the portfolio do well, that's enough.VCs do however get a fee for assets under management, so they win even if their investors lose.
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The zero interest rates make getting loans cheap, but aren’t there angel investors who lose their investments recommended by VCs?
The angel investor has the same approach as VCs: if 1 out of 10 companies in the portfolio do well, that's enough.
VCs do however get a fee for assets under management, so they win even if their investors lose.