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140 points skeptrune | 1 comments | 01 Jul 25 00:41 UTC | HN request time: 0.201s | source

1. cedilla ◴[01 Jul 25 06:04 UTC] No.44431047[source]▶

Is 80% even that high? I thought the idea behind VC was to fund companies where 90% are doomed to fail, 9% might do okay, in order to cash in big on the 1% that have stellar success.

Am I way off with my numbers there?

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