It should be point out that Marc Andreessen of all people should deeply believe Sturgeon's law - after all, return on investment for venture firms are dominated by few 'hits' and lots of 'duds'.
Of course - I think if anyone act on the belief that 90% of their bets are duds, they would not be in the venture business. It's really interesting that a process could lead to a distribution - but knowing the outcome distribution is actually...useless?