“Pascal mugging” has become such a semantic stop sign; I see it apply way too loosely like “oh this has a large value if realized therefore Pascal mugging and therefore it’s bad” 😔 at this point why not say all start-ups are Pascal mugging investors (and by “mugging” here we mean give them high expected returns but low probability)
“Pascal mugging” has become such a semantic stop sign; I see it apply way too loosely like “oh this has a large value if realized therefore Pascal mugging and therefore it’s bad” 😔 at this point why not say all start-ups are Pascal mugging investors (and by “mugging” here we mean give them high expected returns but low probability)