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rglover
15 days ago
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parent
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Anthropic acquires Bun
Either for a modest return when it sells or as a tax write off when it fails.
bcye
15 days ago
[–]
VCs do not invest for a modest return.
rglover
15 days ago
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parent
[–]
No, but faced with either a loss or a modest return, they'll take the modest return (unless it's more beneficial to
not
come tax season). Unicorns are called unicorns for a reason.
bcye
15 days ago
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root
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parent
[–]
The question was why do investors
invest
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