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Oh boy. This is exactly how lotteries work too. “People keep saying that lotteries are ‘a tax on people who can’t do math’, but if you pay attention there are
by tyre 6y ago
Oh boy. This is exactly how lotteries work too.
“People keep saying that lotteries are ‘a tax on people who can’t do math’, but if you pay attention there are lottery winners every day. There’s no better time to play the lottery!”
Look at venture capital, since they’re the ones that invest in every one of these VC-backed funds. Most funds don’t make money and of those that do, exceedingly few beat the S&P 500.
The examples you’re giving are a tiny sliver of startups and at this point are not startups.