venturecapital

Not gonna lie, sometimes I often wonder if the venture game is actually just 'spray and pray'.

I remember reading stats about how many venture firms underperformed Nasdaq 100 in the past 10yrs - it shocked me. I will find the exact % and post later w/ source.

One man's "spray and pray" is another man's "power law". YC early cohorts performed excellently. The recent mega-cohorts, too early to tell, but I wouldn't bet against.