> We're a nonsensical investment
for a standard VC, sure. Maybe there's a venture investment philosophy for non-unicorns. [0]
[0] https://sparktoro.com/blog/raised-a-very-unusual-round-of-fu...
for a standard VC, sure. Maybe there's a venture investment philosophy for non-unicorns. [0]
[0] https://sparktoro.com/blog/raised-a-very-unusual-round-of-fu...
VCs aren't demanding 10x successes because they're lazy; they do it because the winners have to pay for the losers. This isn't even a VC-specific pattern; you see it in almost every hits-driven business.