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> Case in point: they made something like a 5-10x multiple on their investment in Oculus-- in 3 months. Oculus is an exceptional case, but that's how VC funds
by UVB-76 13y ago
> Case in point: they made something like a 5-10x multiple on their investment in Oculus-- in 3 months.
Oculus is an exceptional case, but that's how VC funds work.
A minority of investments pay off big time and make up for often catastrophic losses on the remaining majority of investments.