50% is definitely not my cutoff, and I don’t have any probability cutoff. More something in the expected value space. Like, if you have an idea that could be really great but only has a 1% chance of working, that still feels definitely worth funding. But if you have an idea that seems like it only improves things a bit, and has a 10% chance of working, that doesn’t feel worth it.
50% is definitely not my cutoff, and I don’t have any probability cutoff. More something in the expected value space. Like, if you have an idea that could be really great but only has a 1% chance of working, that still feels definitely worth funding. But if you have an idea that seems like it only improves things a bit, and has a 10% chance of working, that doesn’t feel worth it.