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The definition of risk you're using is incorrect. Roughly, risk = probability x consequence. The probability of a startup failing is the same for the founders a
by paol 15y ago
The definition of risk you're using is incorrect. Roughly, risk = probability x consequence.
The probability of a startup failing is the same for the founders as for the employees. The consequence is not.
- hythloday 15y agoAh, I wasn't aware of that definition. Thanks, that's a nice mental model.