Inside view: “If I enumerate the things I think can make a startup fail and estimate probabilities, failure seems unlikely”
Outside view: “If I look at actual startups, empirically 90% of them fail, so failure is likely”
Inside view: “If I enumerate the things I think can make a startup fail and estimate probabilities, failure seems unlikely”
Outside view: “If I look at actual startups, empirically 90% of them fail, so failure is likely”