Billionaire Charlie Munger, Warren Buffett’s right-hand man, says a lot of venture capitalists screw their investors
Billionaire Charlie Munger, Warren Buffett’s right-hand man, isn’t shy about his dislike for venture capitalists. In 2014, the legendary investor told the Wall Street Journal that it would be better for venture capital funds to light their money “on fire with an acetylene torch” than to invest in internet startups. Now, at the age of 99, soon to turn 100 on Jan. 1, he has another message for venture capitalists: “To hell with them!”
Munger, vice chairman of the famed holding…