(Author here) I agree, but I think there is some applicability of the Kelly Criterion to startups (at least qualitativey) in explaining why an entrepreneur who

(Author here) I agree, but I think there is some applicability of the Kelly Criterion to startups (at least qualitativey) in explaining why an entrepreneur who is all-in on a company may be more inclined to take an exit than their investors, who have spread their bets.