"Instead of maximizing your expected payoff, meaning you kind of do the probabilities and you say, "You know, I lose this and then I stand to gain this". At least the way I am, I realize that I prefer to do things where I don't regret that. I always look back and say, I wish I know what path A would have been. And I think that's, to me, that's what regret minimization is.- Daniel Thong" - Daniel Thong
In this episode, Jeremy Au speaks on the bootstrapping versus VC trade-off, the case for unsexy businesses, and the contrarian philosophy that holds it together.
Keywords: Bootstrapping vs VC, Unsexy Businesses, Philosophy Contrariness, Singapore, Founder Story, VC