AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
#354 Mike Maples Jr.- Unlocking the Secrets to Successful Startup Investing: A Conversation with the Co-founder of Floodgate
What Got You There with Sean DeLaney
How to Be a Great Entrepreneur
I look at risk as how you behave in a world of uncertainty. I think risk is something you take actively with agency. Most people don't like that. They like to avoid risk. But when you realize that risk taking is really just the willingness to pursue an unambiguous, massively high upside in an ambiguous future, the expected value of the payoff function is actually quite good. What I really invest in is very risky projects with wildly asymmetric payoff functions. That's kind of how I look at the world. And that's how I try to work with the founders.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode