> It distorts where VC money goes, always to something that promises impossibly large payoffs–it seems it is better to have an untested idea that would have an

> It distorts where VC money goes, always to something that promises impossibly large payoffs–it seems it is better to have an untested idea that would have an enormous payoff than a tested idea which can get to a sustainable business But this is the whole point of VC investing. It is not normal distribution investing.