Those companies were >80% chance of success at employee 50. I'm not sure I agree with that 80% figure and, even if, that's because the VCs have so much influen

Those companies were >80% chance of success at employee 50. I'm not sure I agree with that 80% figure and, even if, that's because the VCs have so much influence over the reputation of the company. (Indeed, that's why they have so much power over founders. They can turn off unrelated interest, which gives them extortive leverage.) Market manipulation at its finest. VCs are in the business of using their power over emerging, impossible-to-valuate companies' reputations to make millions for themselves. If Wall Street analysts did that shit, they'd be in jail.