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#32 Patrick Collison: Earning Your Stripes

The Knowledge Project with Shane Parrish

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The Challenge Is, How Do You Conciliate These Two Mindsets?

It's really a question of, how do we make sure that we can place bets that don't have excessive downside, am. Or cumulatly fatal downside across may be a whole portfolio of bats,. And i think that actually, am, i think the impediments to placing good decisions again are not like stripe has a long track record. It is more sociological, more institutional, and less that it's fundamentally too costly in most cases.

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