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A comment on The expected value of the game is positive regardless of Ballmer’s strategy. Parent comment
Bankruptcy would suck but it is not like you have no possibility of another chance like death.
I suspect there is much muddled thinking in this area viewing the death of a LLC as equal to the death of a human.
A coin flip for 20 million dollars if tails, physical death if heads is much different than bankruptcy if heads.
One is a stupid gambler with their life and the other is basically a serial entrepreneur taking asymmetrical bets until the coin comes up tails.
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Bankruptcy would suck but it is not like you have no possibility of another chance like death.
I suspect there is much muddled thinking in this area viewing the death of a LLC as equal to the death of a human.
A coin flip for 20 million dollars if tails, physical death if heads is much different than bankruptcy if heads.
One is a stupid gambler with their life and the other is basically a serial entrepreneur taking asymmetrical bets until the coin comes up tails.