
E003: People Cost, Panzerism, Asymmetric Risk, Shopify Layoffs, Flexport & More.
OPERATORS
How to Take Asymmetrical Bets
Sean O'Brien: The hard part is finding the bets guys. You know, asymmetric bet to me is like you don't have to put that much in and there's potential for a big reward. And we take big swings where we can because we can, because we have reached a certain level of success. So yeah, very famously I have Sean's fund money. It's typically a million bucks a year I get to burn. This year it's closer to five million.
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