As Populist as it May Feel, 98% of VCs Aren’t Dumb
Both Sides of the Table
MAY 25, 2013
“I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” Many entrepreneurs come by with great pitches and say, “I’m hoping to have term sheets in the next 30 days.” I IM and DM and SMS. The second is not.
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