4 ms·
_Somebody_ wins it every week.
by richardwhiuk 5y ago
_Somebody_ wins it every week.
- passivate 5y agoPeople 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 agoWith enough VC firms, and enough small bets, that's not guaranteed to be true.