Headlines about large valuations and big funding rounds hide the fact that a huge number of venture-backed startups fail. And yet, that’s part of the game plan: most VCs expect three out of 10 of their investments to fail completely. This leads to VCs hedging their bets on one or two startups and reserving follow-up funding for them. It also leads to pressure to grow quickly, take further investment and exit.
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Clearbanc cofounders Andrew D'Souza and Michele Romanow Keojjaycm<tr/>
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The fully remote Earnest Capital team Arsastn Umbbrwo
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