Failed VC fund : "We expected 90% of our investments to fail. 100% of them failed. We learned that choosing the right company to invest in is harder than we tho

Failed VC fund : "We expected 90% of our investments to fail. 100% of them failed. We learned that choosing the right company to invest in is harder than we thought." Successful VC fund : "We expected 90% of our investments to fail. 80% of them failed. We learned that we are awesome at choosing good companies" Realty : They both gambled. One of them won, the other not so much.