- 25% of investments make zero return (i.e. 100% write offs)
- 25% produce a return greater than zero but less than 1x (i.e. are losses)
- 25% produce a return between 1x-3x
- 15% produce a return between 3x-10x
- 10% produce a return of 10x or greater
If you bucket the first two as "zeros" or near zeros, the third one as "something you wish you hadn't invested in" and the last two as good investments, you get to roughly the same 1/3, 1/3, 1/3 that I like to use.
so breaking even is bad all of a sudden... and who needs a return greater than 0-1x when everyone's getting paid and you have a little on the side for emergencies?
