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Yes, but not much more. E.g: I can go right now get a ticket for a $50M prize for 5$. How much do you pay for equity (in the form of reduced salary), and what'
by emilecantin 8y ago
Yes, but not much more. E.g: I can go right now get a ticket for a $50M prize for 5$.
How much do you pay for equity (in the form of reduced salary), and what's the expected upside?
- learnstats2 8y agoAnd I would value that lottery ticket at about $1 today - with the understanding that: a) the face value is over-stated by around 100%, and b) I have no hope of riding out the variance, so the gamble is a poor one for me.