The Minutes of David Friedberg on returns https://minutesof.com/david-friedberg/on/returns/ Everything David Friedberg has said on returns: 2 verbatim quotes from January 2024, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:22:49 +0000 Friedberg notes top NASDAQ stocks returned 10x over ten years while top 5% of venture funds only returned 3x. https://minutesof.com/q/9366e036-c3cc-4c6a-b89c-a0b2c50b1690/ https://minutesof.com/q/9366e036-c3cc-4c6a-b89c-a0b2c50b1690/ “In the past ten years, if you bought the top 10 stocks on the NASDAQ, you would have made 10 x. Okay. It's a crazy statistic.” — How I Invest Podcast Tue, 09 Jan 2024 04:38:21 +0000 returns Friedberg cites top VC firm data showing 40% of capital in down rounds lost money while up rounds generated re https://minutesof.com/q/a74511aa-45ed-4d87-b75a-72cc0d147eb7/ https://minutesof.com/q/a74511aa-45ed-4d87-b75a-72cc0d147eb7/ “On the rest of the portfolio where things were up rounds and things were going well and they put more money in, they made a lot of money.” — How I Invest Podcast Tue, 09 Jan 2024 04:38:21 +0000 returns