Why I Worry About Venture-Backed Mental Health & Addiction Startups
Hunter Walker
JANUARY 11, 2021
Traditional venture capital models lean into what’s called ‘power laws.’ Basically the idea that you are backing risky new ventures, many of which will stumble along the way, but one or two of the companies you back will be such outsized successes that the investment gains from those will more than offset the others.
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