5 ms·

So basically it's a low probability win with an extremely big payoff and the added difficulty of a general lack of transparency to the public (but perhaps not t

So basically it's a low probability win with an extremely big payoff and the added difficulty of a general lack of transparency to the public (but perhaps not to angel or series A/B/C investors), same as any startup investment.

jjk166 5y ago
If you don't slap some numbers on there, anything could be described as a low probability win with an extremely big payoff.
- pmarreck 5y ago
  well if it goes by other startups it’s something like, given 10 startup investments… 8 crater 1 breaks even 1 does a moonshot