I’d be interested in reading that post! If you do, could you explain more about the grounds on which you’d be applying Kelly to this problem at all, though? I’m somewhat unclear on that—see my other comment in this thread for detail.
In this problem, you’re starting a business, and you can consider that business as a bet, out of which you hope to gain a job, income, investment money from your equity, reputation, experience, and so on, all of which can be abstracted. Alternatively, you can look purely at the equity vs. salary trade-off in the context of Kelly, which as I explained above is deeply flawed. It’s not a great scenario for such calculations, but they can still provide insightful context.
I’d be interested in reading that post! If you do, could you explain more about the grounds on which you’d be applying Kelly to this problem at all, though? I’m somewhat unclear on that—see my other comment in this thread for detail.
In this problem, you’re starting a business, and you can consider that business as a bet, out of which you hope to gain a job, income, investment money from your equity, reputation, experience, and so on, all of which can be abstracted. Alternatively, you can look purely at the equity vs. salary trade-off in the context of Kelly, which as I explained above is deeply flawed. It’s not a great scenario for such calculations, but they can still provide insightful context.