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Re:Don't Take VC Funding – It Will Destroy Your Company by reducesuffering on Monday July 10, 2023 @12:58PM (#36669192)
I was using some state odds. Ok so 1 in 1m for Powerball, yet HN is ~3m, so we have 1 in 100k on HN. Already an order of magnitude difference. Then, of course, not even 1 in 100 here are actually giving a startup a serious go. So comparing successful startups to the lottery is easily 1000x off.

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