VCs Are Diversified, Yes. But That Also Means They Need a Constant Stream of Hits. Like Netflix. Every Single Year.
They can spread their bets across dozens of companies and only need a few to work out.
Useful takeaways from this story.
They can spread their bets across dozens of companies and only need a few to work out.
Founders often say VCs are "lucky" because they're diversified.
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The useful part
They can spread their bets across dozens of companies and only need a few to work out. Founders often say VCs are "lucky" because they're diversified. It's the part most founders never really think about.
What to take from it
Founders often say VCs are "lucky" because they're diversified.
Details worth keeping
It's the part most founders never really think about.
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