Skip to content
Better HN
Top
Best
Ask
Show
New
Jobs
Search
⌘K
0 points
passivate
5y ago
0 comments
Save
Share
How many times can one person win the lottery? The large firms seem to successfully bet on winners quite a bit.
0 comments
3 comments · 1 top-level
top
newest
oldest
richardwhiuk
5y ago
· 2 in thread
_Somebody_ wins it every week.
passivate
OP
5y ago
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.
richardwhiuk
5y ago
With enough VC firms, and enough small bets, that's not guaranteed to be true.
j
/
k
navigate · click thread line to collapse
