The business of VCs is to take risk. VCs _know_ that 8 out of 10 of their investment will return zero, zitch, nada. They just expect one of of 10 to make it eve

The business of VCs is to take risk. VCs _know_ that 8 out of 10 of their investment will return zero, zitch, nada. They just expect one of of 10 to make it even -- and another one to make it 20x. So that doesn't mean that Arduino is on anything great: it just means it has been able to convince VCs that there's _some probability_ that they will make it big. But the probability of doing something big is still very low... ( In fact a VC once told me that, 3 months after investing - i.e. a few board meetings max - he already knows if the company will succeed or not. And in 8 out of 10, he will just do the figuration until failure - at best, buy for cents on the dollar)