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A comment on SoftBank’s $375M bet on pizza went bad fast. Parent comment
So SoftBank was betting on a >20% chance that Zume would succeed to that degree.
This is quite different from traditional VC, which expects much lower probabilities of success in each investment.
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So SoftBank was betting on a >20% chance that Zume would succeed to that degree.
This is quite different from traditional VC, which expects much lower probabilities of success in each investment.