But what if the venture capital model creates a situation where outcomes must be bi-modal? Consider the case where a CEO goes to a VC (either on the board or in

But what if the venture capital model creates a situation where outcomes must be bi-modal? Consider the case where a CEO goes to a VC (either on the board or in the fund raising process) with 2 plans Plan A has a ~90% chance of slow growth Plan B has a ~10% chance of explosive growth The VC will point you towards plan B, because plan A isn't a win given their investment structure. If this is true, then you cannot conclude that investments are always bimodal, just that in the past they have been due to structural reasons. And this is relevant because investors could create a model where they foster and profit from non bi-modal companies.