It's probably worth it for a VC who has a diverse portfolio, but as a founder you really have to think about what you really want. Do you prefer a tiny chance

It's probably worth it for a VC who has a diverse portfolio, but as a founder you really have to think about what you really want. Do you prefer a tiny chance of becoming the next Facebook, or a good chance of building a stable business? Do you prefer to fail 9 companies before finally founding the one that will have "reason defying growth" (or not) rather than build one solid business? I'd say it depends on your character, but it's important to know what you want rather than blindly following Paul Graham and other VC prophets.