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If this is true then I’m increasingly surprised at how bad VC returns must be for them to think this is a good investment.
by sprafa 7y ago
If this is true then I’m increasingly surprised at how bad VC returns must be for them to think this is a good investment.
- maxerickson 7y agoIt's perhaps the other way around. VC returns are so good that they can make lots of mistakes.
- rficcaglia 7y agoNo it’s not: “achieved an overall return of 11.1% for the year.” https://globenewswire.com/news-release/2018/10/15/1621269/0/en/US-Venture-Capital-Achieved-Respectable-Double-Digit-Return-in-2017.html https://globenewswire.com/news-release/2018/10/15/1621269/0/... See also: https://techcrunch.com/2017/06/01/the-meeting-that-showed-me-the-truth-about-vcs/ https://techcrunch.com/2017/06/01/the-meeting-that-showed-me...