martin ↑
@martin
if you can take $1million from someone and convert it to $5 in a few years that should be a great outcome but it doesn’t seem like anyone invests that way I guess it is just the risk profile thing, only x% work so the ones that do need to be huge
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Varun Srinivasan
@v
there are many private equity firms that are happy to buy these things.
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martin ↑
@martin
But they would only buy a clearly profitable business, right? Not as much early funding on an idea that’s kind of working?
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Varun Srinivasan
@v
there is a pool of funding for businesses that are a) straightforward and b) very early. but its typically hyper local and industry specific
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