Yes, I agree. One big win covers all small losses combined.

A VC places small bets into many startups knowing most will die and a small few will produce amazing returns. Those returns will make up for all the smaller losses.
Signs You’re Doing Good with Money (Even If It Doesn’t Feel like It)
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Tim Denning
Aldric Chen
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Mar 9, 2023
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Yes, I agree. One big win covers all small losses combined.
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Written by Aldric Chen79K Followers
·163 Following
Singaporean. 24x Top Writer (as of June 2023). Eavesdropper. I uncover interesting stories around me.
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