so like, these companies that don't make money, just take VC money and make maybe 20-30% of it back each year?
20% is like, the high end of returns for money laundry???? you lose a good chunk of that to salaries, but like.
Edit: I guess VC is basically money laundry anyway -- you just have the people you want to pay simply work for the company, or have the company do the thing you need done, i.e. Cambridge Analytica.
lets say you're beff jezos and you need to wash a whole lot of cash for, say, political reasons, or arming a private army, or whatever billionaire chess is possible. invest in some company you are pretty sure will get at least 10% returns, and then you have whatever the company gets you as a boardmember and majority stockholder, and then... everything the employees buy off zmzaon.net
anyone else would need to transmute the investment into labor or business-to-business transactions, and then turn those into cash at the other end
its going to be so funny if it turns out that nvidia is running this scam in particular and that's why card prices are so high
