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As much as I appreciate that's the VC model, perhaps less would fail if VCs didn't push for billions in revenue? The failure rate might be less than 9/10 if it
by wastedhours 9y ago
As much as I appreciate that's the VC model, perhaps less would fail if VCs didn't push for billions in revenue? The failure rate might be less than 9/10 if it wasn't "all or nothing"? Guessing it still wouldn't make enough home runs as an investment vehicle though?
- Joboman555 9y agoFailure rate doesn't matter. 99% failure * 1B > 90% failure * 1M
- CryoLogic 9y agoThat's assuming 90% failure when looking for sustainable businesses. There are some upcoming VC's which are doing well funding smaller companies. Momentum Ventures is one I know of.
- sharemywin 9y agoThe problem is the fund size. when you have make a good return on 100m you need something that will eventually get there.