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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
by 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 agoWith enough VC firms, and enough small bets, that's not guaranteed to be true.