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Re:Ask HN: How much money does an average VC make? by lisper on Saturday May 09, 2015 @04:03PM (#9517507)
> Why would anyone put money in such a fund?

For the same reason people play any lottery: they don't look at the expected value, they look at the outliers and think, "That could be me, but only if I buy a ticket."

Re:Ask HN: How much money does an average VC make? by GBond on Monday May 11, 2015 @01:24PM (#9526318)
s/"play any lottery"/"founding a startup"/g