> They had the chance to invest in the following companies early, but didn't: Intel, Google, Apple, FedEx, PayPal, and others. This is misleading unless we kno

> They had the chance to invest in the following companies early, but didn't: Intel, Google, Apple, FedEx, PayPal, and others. This is misleading unless we know the list size in which these bypassed companies appeared. If the success/failure ratio is 0.01, then it should surprise no one that venture capitalists sometimes miss a winner while carefully investing in startups.