Here, probability of company is successful is 0.125 i.e p=0.125 and it is same for each company.
Let the random variable X is
X: Number of companies in which a venture invests getting a successful one.
X~Geometric(p=0.125)
Assumption:
Now , the probability that she will have to invest in more than 7 companies before she comes upon one that is successful is
=0.6073
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