4 ms·
HN, do you consider yourself a probabalistic or deterministic thinker?
What has most influenced your approach to speculation?
90% of startups fail. Then 0.9^7 < 0.5, so on average your 7th startup is the one that succeeds. If the average startup lasts a year or two, then you better start failing now.
A x B x C = X. If X is less than the cost of a recall, we don’t do one.