What percentage of pitches does a typical venture capital firm turn down? This list looks way more impressive than their actual portfolio, though if the set of "no"s is way bigger that'd explain it.
I've been pulling this page up every 2 hours since @michael_nielsen brought it to my attention. It may be the best thing on the internet. https://www.bvp.com/portfolio/anti-portfolio …pic.twitter.com/peZJ8IxEZc
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I think it's hard to define a "typical" VC. Getting funding from a top-tier VC lends a lot of credibility & makes it a lot easier raise more, so everyone pitches them if they can. My impression is that it's kinda messy after that — lots of word of mouth, who-knows-who stuff?
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