VERY interesting. Venture capital wants those positions in the lifecycle of a company where their VC capital breaches whatever barriers that the prospect faces, such as the return is in multiples of 3x-4x-10x[!!!]... But they also want to be THE source. Unless that in the *sharing* of that risk (very substantial risk), they can increase the likelihood of delivered returns. ("Yayyyyy!") So, a natural tension here, between a degree of keeping-your-cards-close, and growing-the-pie-for-everyone. Would be fun to watch.
Reminds me of the pink sheets, without the wild west regulation! Beyond the private placement rules too!! Yeehaw!!! Giddyup!! Shark Tank for every BillyBob LLC who can't get funding!! PinkSheets 2020!
I had , Apple garage image in my mind tho, i didn't knew, that this is it (?) Edit : this isn't that one.