Rhobite
Premium
join:2002-02-24
Cambridge, MA
clubs:
| reply to ronpin
Re: Burned Thru $25 Million
said by ronpin  :
Heh-heh -- try asking your 401K fund manager what high-risk funds they invested in last year. Try to get the names of the startups that ultimately benefitted. Be sure to ask how much everyone involved made. Heh-heh -- good-luck -- I hope your well connected and you don't have some bad luck afterwards.
You don't know what you're talking about. Mutual funds release a semi-annual list of every stock and fund they invest in. It's public information, and it would be illegal for a fund manager to secretly misappropriate funds. On top of that, most 401k programs give you a choice of STOCK funds, meaning VC has nothing to do with this.
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