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> The “hits” in VC are supposed to be “100x” returns to make up for dozens of failures, but of a16z’s listings only one (Solana) managed to at least double in B
by waffle_maniac 5y ago
> The “hits” in VC are supposed to be “100x” returns to make up for dozens of failures, but of a16z’s listings only one (Solana) managed to at least double in BTC terms.
The return on Solana from bear market to bull market is far in excess of 100x.