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#22 How To Turn Down A Billion Dollars: The Snapchat Story
Founders
Baseball's Truncated Outcome Distribution
Amazon CEO Jeff Bezos believes in swinging for the fences, because even though you may strike out a lot, you'll also hit some home runs. Unlike baseball, where the maximum runs you can get is four, in business, you can score a thousand runs. This is why it's crucial to be bold and take risks, as the big winners will ultimately cover the costs of many failed experiments.
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