3 ms·
> Better still to find an opportunity that has a chance of making it to $100mm if everything goes perfectly, but might end up at $2mm on a bad run. If you know
by psykotic 15y ago
> Better still to find an opportunity that has a chance of making it to $100mm if everything goes perfectly, but might end up at $2mm on a bad run.
If you know of a business where even a bad run nets you $2mm, I'm sure everyone here would love to know.
This kind of vague general math is silly. It assumes that the chance of success stays more or less the same while the potential pay-off obviously grows for larger ventures. If it were that simple. You simply can't make an intelligent generalization along those lines. Any comparison should be made on a case by case basis.