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You're right, I should've said EV has to be 10x higher, not probability of success. That said, in my experience it's much more common to de-risk a business by a
by lpolovets 5y ago
You're right, I should've said EV has to be 10x higher, not probability of success. That said, in my experience it's much more common to de-risk a business by an order of magnitude than to 10x the market size.