mwhitfield
Joined 7 years ago
Joined 7 years ago
average poverty ≝ average(1 / annual income)
Inversely proportional to the harmonic mean of average yearly income.
I'm no VC, but I feel like if I am and you're telling me that _all_ consumer transactions of any kind are going to flow through a portal _you_ own, it doesn't get much bigger than that. The odds of success don't have to be that high, and in principle you just factor the possibility that the founder's full of crap into those odds; you don't have the time to understand every possible market and every person pitching you in the depth necessary to make that determination, right?
Anyone else's brain kind of error out trying to parse this phrase?
I mean... come on. Surely someone must have noticed this? Is it some kind of cruel joke?