1. Big problem

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

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 4 hours ago \| parent \| next [-]
		> and people with too much money? No. VC’s historical capital has come from institutional investors. Pensions. Endowments. Foundations.
	▲	4 hours ago \| parent \| prev [-]
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