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TIP623: The Art Of Decision Making w/ Annie Duke
We Study Billionaires - The Investor’s Podcast Network
Closing Feedback Loops and Power Law
Venture firms, such as First Round Capital and Renegade, express skepticism about closing feedback loops in the context of power law, where a small number of winners dominate. This skepticism was voiced despite the advocate's emphasis on feedback loops in the book 'Thinking in Bets'. Power law signifies a scenario where few entities achieve significant success while the majority face failure.
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