This is how the VC ecosystem works.
- People from Canada and the USA contribute their money every month to a pension fund with the aim of receiving a pension once they retire
- The pension fund, aiming to generate returns, allocates its money to v
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Minnu Teja Y
Lazy* Learner for Li... • 10m
So, in a sense, every pensioner is giving it to some startup. LoL
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Indian Railways is giving Rs 56,993 crore subsidy on tickets every year.
If the price of a ticket is Rs 100, then the railways charge just Rs 54 for it.
(Ashwini Vaishnaw)
