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PG would tell you that you shouldn't start a startup based on the median outcome.
by the_watcher 13y ago
PG would tell you that you shouldn't start a startup based on the median outcome.
- deleted 13y ago[deleted]
- baddox 13y agoIn all seriousness, why would that be the case? I assume you mean that you should start a startup if you believe that you can outperform the median, although presumably all (or most) founders believe that of themselves. I guess gambling based on your confidence in your ability is preferable to gambling on something else with poor performance at the median, like the lottery.
- the_watcher 13y agoNo, he would say you should start a startup because you want to start one. Your reading of it as "I should only start a startup if I think I am above median" is probably even more risk averse than he would advise, since he thinks many more people can start companies than do.
- baddox 13y agoI should have been more explicit, and said "I should only start a startup if I think I am above median if my goal is to build a company that makes a net gain."