3 ms·
Unlikely given the power law distribution of startup outcomes. But if you set a threshold defining a big hit and we funded 33 of them we'd end up being one our
by pg 13y ago
Unlikely given the power law distribution of startup outcomes. But if you set a threshold defining a big hit and we funded 33 of them we'd end up being one ourselves. It's conceivable we could fund 33 big hits in 30 years. Depends how much we grow.
(3% is our estimate for the biggest successes.)