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jackpirate
on Aug 10, 2012
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The Best Advice My Dad Ever Gave Me (for Demo Day)
It's not fear of failure. It's possible that there are people who couldn't do a startup even if guaranteed 100% chance of success in 10 years due to the stress/lack of money in the mean time.
Domenic_S
on Aug 10, 2012
[–]
IMO the calculation in that situation is
risk of ruin
.
The higher your financial obligations are, the more weight the
ruin
side of the equation holds.
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