Why VC isn’t always great Because venture funds are often raising money for their own investors, they have an incentive to encourage rapid and aggressive business scaling to collect high returns to cover potential losses from other portfolio companies folding. “VCs tend to make, I don’t know that they’re necessarily more risky bets per se, but tend to want to make (and) build a portfolio of investments to diversify within their fund, knowing that about a third of their companies will fail, a third might return their capital, and then a third will drive the returns for the fund,” Z...