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Thank you for the responses so far. Its amazing how varied they have been. Trying to found a startup is a very risky business. Statistically, I'll wind up with
by matt1 18y ago
Thank you for the responses so far. Its amazing how varied they have been.
Trying to found a startup is a very risky business. Statistically, I'll wind up with some very good experience, but no company to show for it. In the long run, wouldn't it be wiser to get the MBA, even if it slows down my work?
- pg 18y agoIn efficient markets, risk and reward are always proportionate. So all other things being equal, the rational choice is to take as much risk as your life can stand at any given point.
- byrneseyeview 18y agoMost startups implicitly disbelieve the efficient market hypothesis, since they'd be able to get the same level of risk by using leverage. Most of them seem to think they might have an edge, in which case the proper criterion is: http://en.wikipedia.org/wiki/Kelly_criterion http://en.wikipedia.org/wiki/Kelly_criterion