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I'm becoming increasingly convinced that because of the "spray and pray" approach of the VC model in which a small % of their investments make up the bulk of th

I'm becoming increasingly convinced that because of the "spray and pray" approach of the VC model in which a small % of their investments make up the bulk of their returns, the most successful VC firms are largely the ones with the most money to spray, not due to some visionary abilities they have.

ASalazarMX 7y ago
This would explain why they hunger for explosive growth, to make up for the majority of their investments.
- WalterSear 7y ago
  It's exactly where the hunger comes from.
the_watcher 7y ago
Wouldn't this suggest Softbank as the most successful VC?