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I love the fact that you call out explicitly the idea of a Bet (known cost, expected return, likelihood of return).

This is a concept I've been working with since I read Thinking In Bets by Annie Duke!

It's definitely a generative concept that might help with the other side of the CTO role that you mention here, for example: product portfolio management.

How are you thinking the CTO should explicitly manage these Bets?

As I say: Bet is the technical term, it has a specific meaning and a math associated with it.

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