Assertion: venture capitalist's fund | /r/CapableOf | invest in early-stage startups
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text: Cons: - Huge funds frequently fail to deliver market-beating returns, as there is sometimes more capital to deploy than high-promise startups to invest in - Large funds are less likely to invest in early-stage startups, which are a riskier investment than later-stage startups, but have a greater potential for outsized returns