I suppose it’s a clue that the whole thing was copy-edited or written using LLM. Not reading it.

From a quick glance at real data, it looks more like 1 in 77 venture backed startups will be a unicorn. Out of 20 startups, 12 will be gone within 7 years, and the majority of the remaining ones will still lose money. Funnily enough, even most unicorns aren't profitable right now. So the real game being played here is to time the exit on that one overvalued company before the market turns. It's not about power laws, it's about preying on irrational markets.

And that is why VC funds never fail!

Except ~25% of funds don't return anything to their investors, so no it's not.