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A comment on Big Startups vs Little Startups. Parent comment
I think of every opportunity as being a different dartboard with different values. These were just examples of _A_ small startup and _A_ big startup.
It's our responsibility as an entrepreneurs to pick the board that best fits our risk profiles for the best cost.
Not all boards have a positive EV.
The "use dad's connections to buy my product" startup board is just 1 big fat positive number (imagine some nearly "risk free" opportunity)
The "punch people in the nuts for a dollar" startup looks like a board of all zeros (as far as I know, most guys aren't interested in this service)
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I think of every opportunity as being a different dartboard with different values. These were just examples of _A_ small startup and _A_ big startup.
It's our responsibility as an entrepreneurs to pick the board that best fits our risk profiles for the best cost.
Not all boards have a positive EV.
The "use dad's connections to buy my product" startup board is just 1 big fat positive number (imagine some nearly "risk free" opportunity)
The "punch people in the nuts for a dollar" startup looks like a board of all zeros (as far as I know, most guys aren't interested in this service)