V.2, N.57 - If you believe that locally owned businesses are the most critical foundation of a thriving regional economy, then any institutions that destroy or weaken local businesses should be purged. Venture Capital is undeniably one of those institutions.
Uh, I randomly stumbled upon this, and you are fundamentally misinformed about what VC is. Like the description of “purchase control of 10-20 businesses” just is definitionally not what venture is at all. That’s way more specifically private equity. You could say venture is a technical subset of PE, that they’re the same, but it’d be like saying that “real estate investors who invest in building brand new homes are the same as investors who purchase existing properties, rebrand them, and price them up.”
Venture money is focused on growing new companies and providing continued support to those already growing. Most commonly, these are technology companies who need a while to turn a profit, but can grow really fast with venture dollars. Private equity is focused on purchasing existing companies and restructuring them entirely.
Venture in America is heavily, heavily focused in the Bay Area, secondarily in New York City, and that accounts for 90% of all venture capital in the US. Most companies will be centered either there or in tech hubs like Seattle, Austin, north Virginia, etc.
There’s like 3 tech IPOs a year, venture backed companies aren’t “part of the community” in any way shape or form other than maybe the Bay Area. There’s no venture backed local small businesses. Like I’d be amazed if you could find me even one vc backed company you’d call “part of the community” that’s now public.
Uh, I randomly stumbled upon this, and you are fundamentally misinformed about what VC is. Like the description of “purchase control of 10-20 businesses” just is definitionally not what venture is at all. That’s way more specifically private equity. You could say venture is a technical subset of PE, that they’re the same, but it’d be like saying that “real estate investors who invest in building brand new homes are the same as investors who purchase existing properties, rebrand them, and price them up.”
Venture money is focused on growing new companies and providing continued support to those already growing. Most commonly, these are technology companies who need a while to turn a profit, but can grow really fast with venture dollars. Private equity is focused on purchasing existing companies and restructuring them entirely.
Venture in America is heavily, heavily focused in the Bay Area, secondarily in New York City, and that accounts for 90% of all venture capital in the US. Most companies will be centered either there or in tech hubs like Seattle, Austin, north Virginia, etc.
I have no idea what you’re cooking here
What you call helping companies "grow really fast" means taking them public, which destroys their links to community. It's not that complicated.
There’s like 3 tech IPOs a year, venture backed companies aren’t “part of the community” in any way shape or form other than maybe the Bay Area. There’s no venture backed local small businesses. Like I’d be amazed if you could find me even one vc backed company you’d call “part of the community” that’s now public.