High risk activities are never going to be accurately represented by a single da... | Hacker News

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		ericjmorey on Nov 14, 2024 \| parent \| context \| favorite \| on: Lessons from my first exit High risk activities are never going to be accurately represented by a single data point.

sharemywin on Nov 14, 2024 [–]

good point it's the 99 out of 100 cases that fail miserably that more accurately reflects expected value.

riku_iki on Nov 14, 2024 | [–]

Sure, its educated gambling, but it is not fair to exclude high value exits too.

toomuchtodo on Nov 14, 2024 | | [–]

It is when they’re effectively lottery tickets.

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