3 ms·
Anchoring bias probably works with numbers outside of the realm of reality as well. But I doubt it's very useful in these cases (or even any stronger than askin
by yreg 2y ago
Anchoring bias probably works with numbers outside of the realm of reality as well. But I doubt it's very useful in these cases (or even any stronger than asking for say 300B), otherwise everyone would always start a funding round by asking for a 7T investment, right.
- Terr_ 2y agoIt's also probably less-effective when the other side has their own teams of accountants making projections.
- malthaus 2y agoin a negotiation where you have experts with good intuition for costs and practicalities on one side of the table and a non-technical failing-upwards-megalomaniac-kid on the other side, i doubt that's a sensible strategy