by Ryan Ong
WHY do venture capitalists (VCs) need such big offices? It’s a common question, but if you know any, the answer is obvious. It takes about 1,500 square feet, minimum, to house the ego of one VC.
But VCs have some right to that kind of arrogance. They’re the ones who drive innovation, at huge risks to themselves. They’re the cowboys of the financial world, who take extreme risks to advance society. And now, we’re likely to see more people participating in venture capital, with the Monetary Authority of Singapore (MAS) simplifying the rules: