Marks states that 99% of startups and 90% of venture capital investments fail despite high return potential.
“something like probably 99% of all startups fail, probably something like 90% of all the investments that venture capital funds make fail.”
Marks reports roughly 700 direct lending managers now manage $1.7 trillion in a favorable economy that made many extremely successful.
“So the the the And the availability of that $1,700,000,000,000 put a lot of people into business and made a lot of people extremely successful along with a very favorable economy”