Reply to post: Re: WTAF

SPAC sponsors could soon be held liable for over-hyping to investors

Yet Another Anonymous coward Silver badge

Re: WTAF

Why would you be stupid enough to give your money to a venture capital fund with no idea what they are going to invest in? Those poor people who backed Sequoia and A16Z and Kleiner-Perkins must be dumb.

Fortunately the SEC only allows rich people to invest in VC funds because its job is to protect poor stupid people.

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