Real odds of success? In gambling, for the house (or state lottery) to make mone... | Hacker News

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		util on May 25, 2010 \| parent \| context \| favorite \| on: Tell HN: Senator Dodd Has Mostly Listened Concerni... Real odds of success? In gambling, for the house (or state lottery) to make money, the expected value of your bet has to be negative. This is not the case with investments in start-ups.

vaksel on May 25, 2010 [–]

Are you sure?

90% of VC backed startups fail. What do you think that number is for angel backed startups?

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