Cleary: Finance risk favors probability over high returns
Teddy Cleary · "Crypto Startup School" Documentary · Oct 9, 2020 · at 0:36
Teddy Cleary, a participant in a16z's Crypto Startup School, contrasts traditional finance risk with West Coast technology venture risk.
“The kind of risk you take in finance is really, really, really high probability of success and low return. Around the West Coast, it's sort of the opposite.”
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