1. Big problem 2. ASML was propped up by ASM and Philips, stepping in as "VCs"

didibus · 2025-12-02T16:37:02 1764693422

For VC don't you need a lot of capital and people with too much money?

Isn't that then a chicken and egg?

JumpCrisscross · 2025-12-02T19:01:05 1764702065

> and people with too much money?

No. VC’s historical capital has come from institutional investors. Pensions. Endowments. Foundations.

didibus · 2025-12-03T03:19:03 1764731943

Interesting, is that still the case? And how is the decision to take those high risk investments made for things like pensions and such?