"All the recent growth in the number of funds raised has been from seed funds, not venture or growth funds. And since 2011, a whopping 60% of all funds raised every year have been seed funds (compared to less than 30% a decade ago)." medium.com/@efeng/a-stats… 
"In the past 15 years, the amount of money invested by US-based VC firms into startups grew more than 4x to almost $85B dollars last year. Before 2011, an average of $28 billion was deployed each year but in the past 7 years, that number has jumped to $62B invested annually."
"Today’s investor has a 10% likelihood of making a good investment (generate a return on that investment), whereas yesterday’s investor had a 15% likelihood." For a founder or employee the odds are the same IF everything is held constant, which isn't the case in the real world.
In businesses typified by power laws/power law distributions like venture capital averages can be very misleading. You can drown in a river three feet deep on average. Or you can hit a tape measure grand slam home run. It depends on where the firm is in the power law distribution
