I don’t understand your calculation. Even the best VC funds probably make some losing investments, so to achieve an overall return of 8x, the winning startups must yield more than that.
I did say it doesn’t make a whole lot of sense to me.
I don’t understand your calculation. Even the best VC funds probably make some losing investments, so to achieve an overall return of 8x, the winning startups must yield more than that.
I did say it doesn’t make a whole lot of sense to me.