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Depends on the strategy. Venture captialists' strategy involves mostly taking sizable losses, but with enough breakout successes to still make money in the agg
by bunderbunder 10y ago
Depends on the strategy.
Venture captialists' strategy involves mostly taking sizable losses, but with enough breakout successes to still make money in the aggregate.
- pdog 10y agoOne. VCs structure their deals so that one breakout success is enough to return the fund. The smart ones never rely on lightning striking more than once.