It's definitely not black and white. I think of every opportunity as being a different dartboard with different values. These were just examples of _A_ small

It's definitely not black and white. I think of every opportunity as being a different dartboard with different values. These were just examples of _A_ small startup and _A_ big startup. It's our responsibility as an entrepreneurs to pick the board that best fits our risk profiles for the best cost. Not all boards have a positive EV. The "use dad's connections to buy my product" startup board is just 1 big fat positive number (imagine some nearly "risk free" opportunity) The "punch people in the nuts for a dollar" startup looks like a board of all zeros (as far as I know, most guys aren't interested in this service)