For the engineer, they may be able to choose wisely between company A and B. But if company A has a 1% chance of getting rich and company B has a 5% chance, it&#x27;s still only a 5% chance. So any skill in choosing a winner is diminished by the fact that winning is still unlikely.<p>VC&#x27;s however, can place many bets and come out winning if they play enough.<p>Because this is all high variance, a large sample size favors those with skill. Small sample size favors luck.