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That is not a good comparison because the absolute return is 1-2 orders of magnitude below what Peter Thiel and Accel made from their Facebook investments. Giv
by nopinsight 11y ago
That is not a good comparison because the absolute return is 1-2 orders of magnitude below what Peter Thiel and Accel made from their Facebook investments.
Given the amount of funds VCs and big Hollywood firms control, an occasional $100-200M absolute return does not significantly change their portfolio success.