Hacker News new | ask | show | jobs
by bpodgursky 1600 days ago
Yes, this is a huge misunderstanding of where the returns from VC come from. It does not come from "moderate success". That's hopeless, given the fail rate.

If you have a safe path to 20% or even 100% returns, just get a loan. There's absolutely not point in the VC process at that level... or reason for them to exist.