Have you seen the total returns of VC money? Too lazy to link stuff now but a perfunctory search will reveal that the returns are not what you think they are. They essentially approach 0% outside of the few powerhouses.
Can’t really use the Andreessen-Horowitz / Sequoia returns as representative to the entire industry.
Can’t really use the Andreessen-Horowitz / Sequoia returns as representative to the entire industry.