Betting on the Jockey

tarting a business is like a surfer trying to catch just the right wave. The wave is the trend that you’re trying to catch the time and then this happens and happens to all of us. So you got to try again. The fact is that of companies that are funded, only 10% ever succeed. So that means we’ve got to find big deals to cover for all of the other deals that don’t succeed. We can only bet on the best shots.