[DenverR]

Former GE investor here - everything you've said is spot on.

Our modus operandi was that a growth equity investment should _never_ go to zero. The new portfolio thinking has shifted to the right: 1/3 make 1-2x, 1/3 make 2-3x, 1/3 make 3x or more.

[doh]

Thanks for clarifying it.