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The dirty little secret that could bring down Big Tech
(www.businessinsider.com)
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this post was submitted on 18 Jul 2023
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Well, no. When a bank extends a loan, it knows the upper limit on how much money it can make from that loan. It might make less, if the debtor ends up defaulting on the loan; but it can't make more.
In venture investing, the upside is unbounded. The company might go to zero, but it might become the next Google; and the venture investor gets to own a fraction of that.