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Why don't more VCs care about good tech (yet)?
Dr. Johannes Lenhard is Centre Coordinator at the .One of the VC partners in a well-established London firm told me straight out:Venture capital is money [laughs], it is a risky asset class, perhaps the wildest asset class […] and it has the biggest possible returns.I have how I think caring more beyond the immediate-return mentality often associated with shareholder value capitalism makes sense (financially and ethically). But the arguments I am making are normative and ideological and don’t describe the status quo of VC investing. The more VCs I speak to — so far more than 150 between...…Dr. Johannes Lenhard is Centre Coordinator at the .One of the VC partners in a well-established London firm told me straight out:Venture capital is money [laughs], it is a risky asset class, perhaps the wildest asset class […] and it has the biggest possible returns.I have how I think caring more beyond the immediate-return mentality often associated with shareholder value capitalism makes sense (financially and ethically). But the arguments I am making are normative and ideological and don’t describe the status quo of VC investing. The more VCs I speak to — so far more than 150 between...WW…
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