Security is the real risk here; believing that the performance factors of venture capital are simply 'encompassed' by power-law returns dangerously underestimates reality.
It is the asymmetric structure of these returns that makes certain factors, such as decision quality and the upper limit of ROI, absolutely critical for success.
In Canada, with often cautious markets, it is vital to scale up on power-law return opportunities, even if it means higher volatility.
Not doing so dilutes growth potential, just as ignoring that a single investment in a promising tech startup can overshadow dozens of others.
This is not a local classification; it is the fundamental dynamic of venture capital.