Quote:
Originally Posted by Rikers
he wants to control the process, and I don't blame him - most of those people know nothing about business,....so 51%+, or get compensation on failed investments in VC so a big percentage. similar a bank would adjust interest rates based on risk of general defaults.
also since he invests 5% portfolio on vc there is a constrain on how much risk he would take with that money...
all of that calculations are derived from number of vc project that go cash positive
yeah, you missed my point. kevin makes offers that are worse
after the better offers have already been made. in other words, he's just out there making noise, keeping up the appearance of being willing to throw money around, but in actual fact he is very nitty.