> Being a VC in Silicon Valley over the last 20 years is a game you can't lose, as long as you have enough money
You won’t find a source for this because it isn’t true. Lots of VCs have busted because despite diversification, the odds of a single company in a portfolio of 20 to 100 making it big are very small.
You won’t find a source for this because it isn’t true. Lots of VCs have busted because despite diversification, the odds of a single company in a portfolio of 20 to 100 making it big are very small.