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> That's quite different from how most VCs invest at any level. Most VCs are trying very hard to be right while making very few bets that are fairly large relat
by mbesto 10y ago
> That's quite different from how most VCs invest at any level. Most VCs are trying very hard to be right while making very few bets that are fairly large relative to their fund. And as the Kaufman report shows, that doesn't work. Most of those VCs are failing to show ROI to their LPs.
Sequioa, Accel, Kleiner, and NEA for example have all made a similar amount of (or more) investments in startups than YC. I think it's a bit of a stretch to say that YC is more comfortable than most VC firms. You just don't hear about the other ones' failures because they're less publicized.
- vonnik 10y agoMaybe so, but not in the same amount of time. Sequoia and Kleiner have been around since 1972. 45 years. YC has been around since 2005. The larger a startup gets, the more likely we are to hear of its failure, and the firms you mention are all making much bigger bets. YC comes in earlier and spreads its bets wider. It takes it more than 100 startups per batch. I doubt Sequoia makes 100 investments in a year.