> but I suspect you are much more likely to build wealth with the more established tech companies
FANG: low variance + moderate reward
vs
ENTREPRENEUR: high variance + high reward
The Kelly Criterion can probably be applied here on how much to "invest" in each opportunity. Ultimately it matters how often these opportunities come up.
FANG: low variance + moderate reward
vs
ENTREPRENEUR: high variance + high reward
The Kelly Criterion can probably be applied here on how much to "invest" in each opportunity. Ultimately it matters how often these opportunities come up.