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Exactly! VCs typically get (maybe) 1 breakout hit and 1 steady chugger out of every 10 companies they fund. It doesn't make sense to fund companies that can't
by apathy 10y ago
Exactly! VCs typically get (maybe) 1 breakout hit and 1 steady chugger out of every 10 companies they fund. It doesn't make sense to fund companies that can't even understand cyclical demand as it impacts cash flow.