3 ms·
you get one shot: would you rather take a 10% chance at a million dollars, or a 1% chance at a billion dollars?
by andylei 12y ago
you get one shot: would you rather take a 10% chance at a million dollars, or a 1% chance at a billion dollars?
- minot 12y agoAh so here we have a situation where VC and founder are not on the same page. What my grandparent said is valid from the VC's perspective. What you said is valid from the founder's perspective. I think it is important as a founder to have some understanding as to where VC's are coming from. :)
- btown 12y agoThis assumes, of course, that your utility curve for money is linear. If it's not, it's not a stupid question.