It's an interesting question. I agree with you that this will the number of (relative) successes. Someone will probably point out that this approach would precl

It's an interesting question. I agree with you that this will the number of (relative) successes. Someone will probably point out that this approach would preclude certain historical investments which turned out to be very important, but those kinds of high risk investors will always be around. This idea is well suited for the VCs currently struggling to not lose money.