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Bill Gates says the success rate on VC is “pathetic” compared to development
- dragonwriter 13y agoActually, no, he didn't -- while that's the title of the linked article, the actual quote said that he said that VC has a pathetic success rate if success rate is all you are looking at, but he doesn't say it is pathetic compared to development. He says that the criticism of it as pathetic makes the same mistake as criticizing the low success rate of development projects.