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And lose 100% of their "smart money" invested in said startup about 90% of the time.
by kyleblarson 11y ago
And lose 100% of their "smart money" invested in said startup about 90% of the time.
- verbify 11y agoBut because of biases, we usually focus on the 1% of the time they make an absolute fortune. Usually more due to dumb luck than actual savviness.