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a16z Podcast: Innovating in Bets

a16z Podcast

NOTE

Is There Risk in a Decision?

You have to make it very clear that outcomes will come from good process. And the other thing is that we want to understand if we have the right assessment of risk. So one of the big problems with the appraisal coming in 10% too high there could be that your model is correct. But it certainly is a trigger for you to go look and say, was there risk in this decision that we didn't know was there? It's really important for deploying resources.

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