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It’s easy to do. Just tell the founder you’re willing to bet $10k that they will (define “fail” metric and time). Some will take you up on it. (Though I bet yo
by leobg 4y ago
It’s easy to do. Just tell the founder you’re willing to bet $10k that they will (define “fail” metric and time). Some will take you up on it.
(Though I bet your won’t do it as often as you would have thought, now that your money is on the line. Pun intended.)
- stephc_int13 4y agoNot that easy. Most founders would not even take the offer seriously. Then you have to choose/agree and pay some kind of arbitration.
- toast0 4y agoThat's a terrible bet to take as a founder. Assuming even odds, put aside $10k for some time, and you may double it if you're doing well and probably don't need it, but if you're failing, you lose the money. The only utility is vengefulness, perhaps.