Sunday, August 18, 2013
Venture Capitalist
It sounds like a really cool profession, and I've been told that it brings you a lot of money, so I did some research on it. My general impression on it has a huge tradeoff: risk. Venture capitalists, although equipped with certain analytical, statistical methods to evaluate new companies and products, would always need to take the risk of losing their investments. The risks are often high compared to other types of investments. Also, I've come to realize that a lot of people don't like them because they think venture capitalists are just a bunch of rich people making profits out of others' hard work. I think their role is important because it brings new service and products to the society, that it funds such process so new things can enter the market. Without it, the market would be drastically different and inadequate.
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