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0 pointspassivate4y ago0 comments

How many times can one person win the lottery? The large firms seem to successfully bet on winners quite a bit.

0 comments

_Somebody_ wins it every week.

People lose money in lottery tickets, casinos, equity investments, etc all the time. If a VC is successful over a period of time with a history of investing in winners, then there is something more than simply randomness.

richardwhiuk4y ago

With enough VC firms, and enough small bets, that's not guaranteed to be true.

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0 pointspassivate4y ago0 comments

How many times can one person win the lottery? The large firms seem to successfully bet on winners quite a bit.

0 comments

richardwhiuk4y ago

_Somebody_ wins it every week.

passivateOP4y ago

richardwhiuk4y ago

With enough VC firms, and enough small bets, that's not guaranteed to be true.

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