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Game theory. 10 players make for a highly unstable equilibrium, especially given the potential for absurdly high profits for deviating to fund one hot company.
by siglesias 16y ago
Game theory. 10 players make for a highly unstable equilibrium, especially given the potential for absurdly high profits for deviating to fund one hot company. One of them is even "highly uncomfortable." The key is to shop around and negotiate intelligently.
- ancornwell 16y agoI bet that one uncomfortable person is also the wealthiest. Greed will never allow investing to become anything close to a cartel.
- SkyMarshal 16y agoThere's also the game theory going on within the 10. The one uncomfortable person could have gathered data and evidence on the scam while dragging their feet in participating, then informed to the FBI, gotten their main competitors shipped off to prison, and been the only Superangel left in the game with the pick of the litter and their choice of valuations.