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by saucymew
4 hours ago
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Silicon Valley bats for 0-to-1 startups. If you swap "Revenue" for "Risk," that is culturally the same.
People who don't have a "1" full-risk-on mode by default self-select themselves out of this game. A toy model game is poker. If opponents know you'll never call an all-in/go all-in, they will always outplay you on the river. And so, let the market pump funny numbers, and matriculate the lucky survivors. |
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