Re:Get Rich Slow
by pg on Friday April 10, 2009 @02:14PM
(#556503)
It's not a myth. I would be happy if the success rate for YC's investments was over 1/3.
[ Parent
| on HN ]
"When we raised our first Union Square Ventures fund, I told prospective investors to expect 1/3 of our investments to fail. I always like the 1/3 rule, which is that 1/3 of the investments will fail, 1/3 will under-perform expectations, and 1/3 will meet expectations."
http://www.unionsquareventures.com/2007/11/failure_rates_i.h...
Re:Get Rich Slow
by ivankirigin on Friday April 10, 2009 @03:40PM
(#556674)
USV is one of the best VC firms in the country, and typically investing in a later stage than YC with less risk.