He errors in assuming that if your company has 10X potential you should take venture capital. He doesn't recognize that Venture Capital increases the risk of y

He errors in assuming that if your company has 10X potential you should take venture capital. He doesn't recognize that Venture Capital increases the risk of you having a 0X result. (Probably becuase he's only had good experiences.) I'd rather have a %75 chance of %60 of a $15M company than a %2 chance of %10 of a $300M company.