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If you have 10 companies to invest in, each of which has a 10% chance to produce 20x returns, 90% of the engineers at these companies wouldn't really have users
by karpierz 6y ago
If you have 10 companies to invest in, each of which has a 10% chance to produce 20x returns, 90% of the engineers at these companies wouldn't really have users.
Basically, if you think that software is feast-or-famine as an investment, then this would make sense.
- DylanDmitri 6y agoIf all engineers worked at early-stage startups, this would be the case. However most engineers (upwards of 95% outside of Bay Area) work at established companies.