Quote:
Originally Posted by DCarea
VC money is minuscule compared to Federal budgets. VC money is chump change, a drop in a bucket compared to Defense spending. Majority of Sillicon Valley startups are bleeding money and will be out of business in 3-5 years. That’s the nature of startups. VC bet is to have 1 out of many make it big, with the majority of startups expected to go bankrupt, and that’s the nature of venture capital.
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Yep. Federal defense spending is going nowhere, no time soon if not ever.