Why Venture Capital is a game of outliers - Marc Andreessen

If you're looking for the extreme outlier, the venture capital business is 100% a game of outliers. [music] It's extreme exceptions on the order of 4,000 venture fundable companies a year that want to raise venture capital. About 200 of those will get funded by what's considered a top tier VC. [music] Um about 15 of those will someday get to $100 million in revenue.And those 15 from that year uh will generate something on the order of 97% of all the returns for the entire category of venture capital in that ...