Brutal take on VCs by Mohnish Pabrai 😂

@MohnishPabrai Would be interesting to compare returns vs the top VC funds Let the data speak 😊

Hows that brutal?

What’s brutal about it, this platform would not have existed if not for VC funding 😂. VCs fund high risk takers, if some entrepreneurs choose lower risk route so be it. But i don’t understand this VCs bashing by bootstrappers. Both can exist. Choose what fits you.

I don’t see this as brutal at all. Not all businesses need venture capital, actually not even 1% of the new businesses do. It’s a very specific asset class for very specific purposes. The rest is just a misunderstanding of what the asset class is about.

Great interview

@MohnishPabrai no lies though.

@MohnishPabrai This guy’s opinoin is embarrassing