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If you understand that VC returns are usually made from 1 or 2 out of every 10 investments this is no surprise. Its a market after all, VCs have the option to
by Rastonbury 5y ago
If you understand that VC returns are usually made from 1 or 2 out of every 10 investments this is no surprise.
Its a market after all, VCs have the option to say no. And every smart person with financial analysis skills is welcome join the industry and beat the rank incompetence with an 80% failure rate, can't be difficult can it?
- Apocryphon 5y agoThere’s a difference between a business declining over time with a clear downwards trajectory, and suddenly dropping from the sky and crashing. The latter is why this is so shocking.
- Rastonbury 5y agoNot sure if this happened to Fast, but this tend to happen when startups run out of runway/funding.