News for hackers. Stuff that matters.
Re:The Quickest Way to Understand VC by ivankirigin on Friday April 15, 2016 @10:49PM (#11509069)
My point with the "involuntary" aspect is that if you had this thesis, you'd still get power law returns. I'm not sure this has been pushed as hard as it could be, but this is very consistent feedback from VCs.

And my personal experience of investing.

Re:The Quickest Way to Understand VC by corysama on Saturday April 16, 2016 @04:17AM (#11509802)
> you'd still get power law returns.

Yep. My scenario was told from the POV of an individual company. That's not a good way to explain the behavior of investors deciding between companies.