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