4 ms·
dmitriid, you seem to not understand the simple fact that if one of a hundred startups an investor financed turns into a big success he can make big profits ove
by Idiot_in_Vain 4y ago
dmitriid, you seem to not understand the simple fact that if one of a hundred startups an investor financed turns into a big success he can make big profits overall, despite 99% of the companies lost him money.
- dmitriid 4y agoThat literally means "no expectation of profitability". Also: https://news.ycombinator.com/item?id=35012114 https://news.ycombinator.com/item?id=35012114
- bryanrasmussen 4y agosure, no expectation of profitability on a single investment, expectation of profitability by distributing investments over a large amount of companies.