But the point remains, that regardless of it's thin veneer of being the funding source of disrupters what VC really seeks is to use the stock market chicanery that major banks who underwrite FB do in order to rig the game in the favour for an obscene profitable exit: hence why they were allowed to buy pre-market in the case of FB.

Or my favorite from the pandemic: Doordash. wherein Softbank incurred so much loss after several years to consuldate market share in this stupid race to the bottom and had to cash in on the market being flooded with cheap money during COVID and getting that IPO to get maximum ROI from an otherwise terrible business model whose understanding of last mile logistics was incredibly poor to say the least, and had no problem exploiting its contractor model labour force or taking a large sum from it's restaurant owner partners.

Seriously can we just admit VC is mainly just banksters trying to do what they always done in New York or in London in the Valley, and other tech cities?

0: https://www.crunchbase.com/funding_round/reddit-series-unkno...