Angel investing is a claw machine: drop 50 quarters and the law of large numbers works for you

dunkhippo33 · x · 2026-10-12

Continuing his angel investing thread, dunkhippo33 writes: dropping 10 quarters in a claw machine guarantees nothing, but drop 50 and the law of large numbers starts working for you — even on a bad day, you're still in the game. The analogy underscores why angels need enough shots to spread risk.

Related event: VC dunkhippo33 advises angel portfolios of 50 to 100 companies(9 posts)→

Original post →

More from Venture

Venture channel →