Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by xnorswap

9 hours ago

> In your example, the additional 1,000 lottery tickets might add nothing whatsoever to the value of the winning lottery ticket in your hand

They add greatly to your expected chance of winning, given you have pooled winnings.

1 comment

xnorswap

Reply

NetMageSCW  9 hours ago

So do additional investment rounds as they theoretically increase the viability of the company.

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities