4 ms·
Sure it will. It even provided a concrete example with the random vs targeted funding experiment. Basically, the idea is to spread out capital to more participa
by cudgy 2y ago
Sure it will. It even provided a concrete example with the random vs targeted funding experiment. Basically, the idea is to spread out capital to more participants to take advantage of the phenomena. So, for example, do you hire the superstar prima donna developer or hire 5+ good developer prospects with hopes one or more may become exceptional for the company? Do you invest in one shiny startup with a superstar group of founders (a “sure bet”) or invest in 5+ startups with goood potential?