Tom Evslin has a nice post on when to and when not to bet the company. There are many parallels to poker players and makes an interesting read. The moral is that you will never have all the facts in making decisions but that should not prevent you from making them. You need to have a portfolio or risk management and strategic moves to get you where you want to go.

Aka. Know when to hold 'em and know when to fold 'em.

  • Fred Wilson’s original post on betting the company is here.
  • Tom Evslin's original post is here.
  • More on David Isenberg and his famous paper is here.
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