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Whats the actual probability of a $1bil exit? Something more like .00001 I'd imagine, nowhere near that $100MM payout. Granted, nobody becomes an entrepreneur l
by taurath 12y ago
Whats the actual probability of a $1bil exit? Something more like .00001 I'd imagine, nowhere near that $100MM payout. Granted, nobody becomes an entrepreneur looking at that math - they have some reason to believe they're better than the rest, and as long as it looks good rather than poor on a resume to have your own failed company there's little reason not to try for it.