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by jacques_chester 4191 days ago
It's hyperbole, fine. But the marginal value of the same million dollars to the pro investor and the founder are wildly different. To one it's a shrug, to another it's a life-changing amount of money.

I'd also be interested in seeing the expected lifetime outcomes. Taking a hit for several years, every few years, is probably not as wonderful as you're making it out to be on the average.