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And what about all the other companies funded by the same people who funded Apple, Google, and Facebook, that never became profitable? I'm curious how much capi
by topdopfrop 9y ago
And what about all the other companies funded by the same people who funded Apple, Google, and Facebook, that never became profitable? I'm curious how much capital is spent on failures in addition to the companies that pan out.
- aswanson 9y agoMost ( >85 percent) of venture investments are failures. It's a hits driven business, just like the movies or record labels.