If you happen to be one of the millions of people who bought S&P tracker funds over the past decade, you're smarter than most venture capitalists. Since 2000, the average VC company has under-performed versus the S&P 500 . Welcome to the lie of the 1%, which says that everything is cozy at the top, and that you really need to be up there is you want to make any money. Turns out, you'd do better just betting on the market.
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