It is time to take seriously the fact that VCs (defined as institutional VC funds) avoid funding 99.9% of ventures, fund 100/100,000, and fail on 80 - they "only" help 20/100,000 ventures.
It is time to take seriously the fact that VCs (defined as institutional VC funds) avoid funding 99.9% of ventures, fund 100/100,000, and fail on 80 - they "only" help 20/100,000 ventures.
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