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For the top-tier venture capital funds, about half of your investments will actually lose money, and then you'll get another slice... where you get your money back, and then it's 1 out of 10, 1 out of 20 that makes money and pays for everything
else.
Andrew Chen
Tech Employees Are Becoming Startup Investors; Here's Andrew Chen's Advice
#550: Andrew Chen Growth Secrets from Tinder, Uber, and Twitch; Exploring the Metaverse; the Future of Startup Investing; Games as the Next Social Networks; and How to Pick the Right Metrics
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