VCs price investments in the context of a portfolio, thus VCs have statistics on their side. As an employee, you don't have statistics on your side, so you hav

VCs price investments in the context of a portfolio, thus VCs have statistics on their side. As an employee, you don't have statistics on your side, so you have one shot at being right. Further, many VCs are managing OPM other people's money (OPM). You are investing your own money.