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Thursday, December 26, 2024

How Did These Stanford Students Turn $5 Into $650 in Just 2 Hours? They Used the Power of First Principles, and So Can You

Sometimes finding the best way forward means boiling a challenge or problem down to its essence. Back in 2009, Stanford business school professor Tina Seeling split students into fourteen teams and gave each team an envelope containing $5 of “seed funding.” Each team could take as long as they wanted …

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