What hedge funds are you referring to? I ask because in my experience, most hedge funds take a much different approach than VCs. While VCs bet on low probabilit

What hedge funds are you referring to? I ask because in my experience, most hedge funds take a much different approach than VCs. While VCs bet on low probability outcomes with potentially massive payouts, hedge funds usually bet on higher probability outcomes with low payouts. There are some exceptions, but in general hedge funds aim for a consistent return stream. As the saying goes, "bond-like volatility with equity-like returns."