Zvi comments on Who Wants To Start An Important Startup? - Less Wrong

41 Post author: ShannonFriedman 16 August 2012 08:02PM

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Comment author: Zvi 17 August 2012 11:42:54AM 2 points [-]

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.