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This is when I break out the worlds tiniest violin :) I agree with you, but so what? The expected ROI for any given seed investment is $0. It’s common knowled
by cj 3y ago
This is when I break out the worlds tiniest violin :)
I agree with you, but so what?
The expected ROI for any given seed investment is $0. It’s common knowledge at this point that seed investing is a numbers game where nearly all seed investments fail and a tiny percentage return huge.
I consider our investors successful in that we’ll, at a very minimum, return more than they would have seen if they had invested in the S&P 500 over 10 years.
- markisus 3y agoNit: The most likely outcome is zero return, but expected return is positive (if the investor is rational) due to tail probability.