Marc Andreessen says the biggest mistake in venture isn’t losing money. It’s missing the outlier. (opens in new tab)

<p>Marc Andreessen says the biggest mistake in venture isn’t losing money. It’s missing the outlier.<br> <br> "There are two categories of mistakes: there's the mistake of commission and the mistake of omission. Or the mistake of cost and the mistake of opportunity cost."<br> <br> "The mistake of cost is you invest $10 million in a startup, it fails, you lose the money. That's bad. The mistake of omission is you don't invest in Google and you lose a hundred billion dollars of opportunity cost...