9 ms·
Wow, if I'm reading that table correctly, the odds of playing the slots are still better than funding startups blindly: http://wizardofodds.com/games/slots/ ht
by varelse 13y ago
Wow, if I'm reading that table correctly, the odds of playing the slots are still better than funding startups blindly:
http://wizardofodds.com/games/slots/ http://wizardofodds.com/games/slots/
- ajross 13y agoPresumably what you're talking about is the fact that the summed "exits" are less than the input investments. But it's not a steady state environment. Obviously exits are going to lag the investments by several years, and the rate of investment hasn't been constant -- it's been increasing steadily for several years itself. So you wouldn't expect to see a net profit. The real question, of course, is whether we should expect to see a net profit across the incubator/accelerator world at some point in the future, or if we're indeed in the bubble some of us think we are...
- jedc 13y agoHi, creator of Seed-DB here. I'd stress that "exit" values are just that... for known exits only. Even if companies have raised money at billion+ valuations, that number is going to be zero for them. Assuming a 2-10 year horizon for most companies between accelerator and exit, most companies still have a long way to go before they'll have a meaningful number hit the 'exit' column.