Beanie (@beaniemaxi) “This is essentially VC ponzi funding. They are using their own illiquid equity i” — TopicDigg
Beanie
@beaniemaxi
加入 January 2021
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This is essentially VC ponzi funding. They are using their own illiquid equity in an unprofitable company to constantly raise and inject more capital. But every time they do this they dilute themselves with their own capital. Strategy only works if the valuation goes to infinity.
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