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Erik Torenberg: Optionality, AI & Elites

"World of DaaS"

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The Best Founders Are Economically Rational

I think the best founders are economically rational, even if they highly rate their chances of being successful more than others. I wrote this post last week about Janis Antutacumpo, who when he lost the series to the Miami Heat in the playoffs, they asked if it was a failure. And he said, no, it's not a failure. It's just steps to success. So that shows that they're actually very economically rational and they have some sort of sense of putting something in the bank there.

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