Today’s best post of the day is from Josh Kopelman of First Round Capital. Most of Josh’s posts are winners and Nothing to Lose (or Risk Tolerance is a Competitive Weapon) provides some great insights into the impact of risk tolerance during the 2000 downturn and how PayPal used it as a competitive weapon against eBay.
![](https://www.askthevc.com/wp-content/uploads/2019/10/chris-davis-eIXu5GIA5DY-unsplash-1-780x520.jpg)
Risk Tolerance is a Competitive Weapon
Today’s best post of the day is from Josh Kopelman of First Round Capital. Most of Josh’s posts are winners and Nothing to Lose (or Risk Tolerance is a Competitive Weapon) provides some great insights into the impact of risk tolerance during the 2000 downturn and how PayPal used it as a competitive weapon against eBay.