A Crash Course on Venture Capital From an Ex-investor at a $100 Billion Fund

The only industry that pays you millions even if you lose money

Daniel Kang
Entrepreneurship Handbook
10 min readApr 13, 2023

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Source: iStock (IvelinRadkov)

Venture Capital is probably one of the few industries in the world — if not the only one — that, on average, loses money.

A TechCrunch article from 2017 reported that 50% of venture capital funds make…

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