Easily explained. If an investor believes that a company has a bright future, the fact that it's losing money in the present may not count for anything. The inv

Easily explained. If an investor believes that a company has a bright future, the fact that it's losing money in the present may not count for anything. The investor may turn out to be wrong, but that's the reasoning. Also, because of the nature of tech investments and the volatile character of the tech business, one can invest seed money in ten companies, watch nine of them fail, and still come out ahead.