In downturns there is a "flight to safety". Typically you would put Venture Capital (VC) at the risky end, with something like a Money Market Fund at the safe end. Well today even the safest stuff is looking scary, thanks to the games that the financial engineers have been playing. So maybe investing in a real business that disrupts the old order with a fundamentally new value proposition is actually the safest thing to do. That is "Real Venture Capital (RVC)". But RVC is very, very different from "Momentum Venture Capital" (MVC). MVC is under a significant threat. Sponsor RVC Is A Different Asset Class From MVC Real Venture Capital (RVC) is anything that takes a risk and works hard to create something fundamentally new. Many classic VC funds fall into this category. So do many angels. But I would also put entrepreneurs who...
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