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>4. That a 1.25% chance of creating a company worth more than a billion is a bad outcome Slight logical problem, or unclear or poor wording here: A chance is
by fuzztester 3y ago
>4. That a 1.25% chance of creating a company worth more than a billion is a bad outcome
Slight logical problem, or unclear or poor wording here:
A chance is quite different from an outcome.
The first is in the future (chance), while the second is in the past (outcome).
A (1.25% or other) chance means something may happen.
An outcome means something did happen.
Also, a 1.25% chance in the past does not in the least imply the same chance in the future. See stock trading, for example.
- fuzztester 3y agoTo make it more clear, you were talking as though a chance is actually an outcome. >4. That a 1.25% chance of creating a company worth more than a billion is a bad outcome