4 ms·
From the point of view of a venture capitalist, who has a diversified portfolio of startups (in aggregate occupying a point on the risk/reward curve on the fron
by aebtebeten 3y ago
From the point of view of a venture capitalist, who has a diversified portfolio of startups (in aggregate occupying a point on the risk/reward curve on the frontier), a mechanism like this would be useful, as it would provide the requisite number of entrepreneurs willing to run their individual ventures at a point far riskier than the frontier.
- gopher_space 3y agoIt's been interesting to note how my ability to empathize with other people correlates to my income level, and I wouldn't be surprised if you could actually see damage in a billionaire's brain. Combining these two 'mechanisms' gives you a powerful risk-taker who, on a fundamental level, can't help but view people as numbers on a spreadsheet. What I'm saying is that you just need to give someone a cat and tell them they won the lottery to create the perfect CEO or CEO simulator.