Isn't high risk by definition what a VC investment is? I'm asking, not stating because maybe my assumption is wrong. I thought VC's look for the high returns which come along with high risk (vs. banks looking to make low risk loans).
Yes, but that risk has flavors. Funding the Moon Landing was exceptionally high risk [1] because NASA did not yet have a minimum viable product. VC's that I've met don't usually take that level risk, they wait until there is at least some expectation that the team can deliver something (hence the MVP requirement in many series A rounds).
