As already mentioned, don’t confuse a startup with a VC-funded startup. These are very different things with very different probabilities of success (and different expected returns).
I don’t think going purely by the expected return and ignoring the shape of the distribution is a good idea.
As already mentioned, don’t confuse a startup with a VC-funded startup. These are very different things with very different probabilities of success (and different expected returns).
I don’t think going purely by the expected return and ignoring the shape of the distribution is a good idea.