only the threat of dismissal forces those unhappy ranks to do their job
The goal of this project is to make itself obsolete. - 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.