There are different scales though. It is very hard to turn a $50M investment into a $500M exit. That requires chasing unicorns. But you can find many more opportunities to turn a $1M investment into a $10M return. Same 10x factor, very different investment scale, and also very different portfolios.
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There are different scales though. It is very hard to turn a $50M investment into a $500M exit. That requires chasing unicorns. But you can find many more opportunities to turn a $1M investment into a $10M return. Same 10x factor, very different investment scale, and also very different portfolios.
Should the second set of numbers be different, or is can $1M -> $5M be a 10x return in some way that I'm not aware of?
That was an error, thanks for pointing it out.