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Well statistically speaking (IIRC) that the top 10 VC firms incorporate 86% of the overall gains in VC, and the top 15 make up 93%. > Case in point: they made
by mbesto 13y ago
Well statistically speaking (IIRC) that the top 10 VC firms incorporate 86% of the overall gains in VC, and the top 15 make up 93%.
> Case in point: they made something like a 5-10x multiple on their investment in Oculus-- in 3 months.
But no one ever talks about the numerous businesses that fail in their portfolio, which ultimately is why such large investments are required in order for them to sustain profitability. VCs know this won't last forever, so they have to milk it for all it's worth today.