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Season 3, Episode 18: The future of alternative app stores and payments (with Archie Stonehill)
Mobile Dev Memo Podcast
Confidence Thermometer for Evaluating Ideas
The speaker describes a confidence thermometer, ranging from very low confidence to high confidence, represented by a scale of zero to 10. The blue area represents very low confidence, while the red area indicates high confidence. Various classes of evidence are placed across the circle, such as opinions in the blue area and concrete evidence in the red area. The speaker emphasizes that self-confidence and a detailed pitch deck only contribute minimally to the overall confidence level, illustrating the importance of concrete evidence in evaluating ideas.
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