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Investing In Startups Is A Terrible Way To Make Money
February 19, 2011 /
A few weeks back I took a call from a group looking to start a new seed fund. After exchanging backgrounds and niceties I asked why they wanted to start the fund. Their response? To make money.
My response? They’d make more money putting their cash into a money market account. That’s not very sexy or exciting but it’s reality. Today’s data from Cambridge Associates backs that up. From the report:
Bryce Roberts, BRYCE DOT VC
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Posted in: Developing an Angel Network in Montana
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