3 ms·

How many times can one person win the lottery? The large firms seem to successfully bet on winners quite a bit.

• richardwhiuk 5y ago
  _Somebody_ wins it every week.
  • passivate 5y ago
    People lose money in lottery tickets, casinos, equity investments, etc all the time. If a VC is successful over a period of time with a history of investing in winners, then there is something more than simply randomness.
    • richardwhiuk 5y ago
      With enough VC firms, and enough small bets, that's not guaranteed to be true.