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Isn't the best solution here to find a wealthy investor and sell him the option to press the green button priced at $20M? You get $20M, and they get an instrume
by scarmig 4y ago
Isn't the best solution here to find a wealthy investor and sell him the option to press the green button priced at $20M? You get $20M, and they get an instrument with an EV of $25M at the cost of $20M.
- robocat 4y agoYou would need an auction to get a good payout. If you only find one smart wealthy investor, they can offer you a take-it-or-leave-it $2 million. Your choice then becomes take $1 million from the red button, or sell the green button for $2 million. I imagine most people would take the 2 million, especially because I suspect most people are poor at negotiating when life-changing amounts of money are involved. I have seen many naive people do silly house trades (or missing out on good trades).