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A comment on SoftBank’s $375M bet on pizza went bad fast.

Re:SoftBank’s $375M bet on pizza went bad fast by alister on Saturday February 15, 2020 @05:58PM (#22338619)
Wouldn't it make more sense for the VCs to make 375 bets of $1M each rather than 1 bet of $375M?

Just the other day we heard about the troubles of 23andMe that had $786M in venture funding. Are there any examples of startups that got >$300M in early funding that went on to become a huge success?

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Re:SoftBank’s $375M bet on pizza went bad fast by dmurray on Saturday February 15, 2020 @06:08PM (#22338675)
There aren't enough companies for the $1m bets. The Softbank Vision fund was closer to making 375 bets of $375m each.
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