communicate low and high bar concept to six evaluators

[hyunjimoon]

through #2 and #6, i chose evalutors below:

	pc	be
lowbar	Matin, Mathieu	JB, Yichen
highbar	Vikash	Scott

by June, i'll communicate how optimism affects low and high bar, hence experiment choices; detail in lowhighbar.pdf.

${\lambda_1, \lambda_0}$	'Low Bar' ${1, \Lambda-1}$	'High Bar' ${\Lambda-1,1}$
Name	"Best Foot Forward"	"Raising the Bar"
Description	Easy to Pass	Hard to Pass
Bias	No false negatives	No false positives
Startup Formation Rate	$(\Lambda-1) \mu$	$\mu+(2-\Lambda)(1-\mu)$
Startup Failure Rate	$(2-\Lambda)(1-\mu)$	0
Example	Target Lead Users (Moore,$2014)$	Minimum Viable Product (Ries, 2011)

Low-Bar Experiments: Easy to pass but offer strong negative signals if they fail. These are preferred by optimistic entrepreneurs as they have a higher prior belief in the success of their venture.

High-Bar Experiments: Hard to pass but provide strong positive signals if they succeed. These are chosen when the entrepreneur has a higher need to prove the venture's viability convincingly.

PC Team: with suppliers with optimism in technical feasibility of PPL technology (product), i aim to conduct low-bar experiments of finding technology to implement desirability-validated features from BC team.

BE Team: with suppliers with optimism in desirability of Bayesian entrepreneurship (market), i aim to conduct low-bar experiments of finding market to implement feasbility-validated functions from PC team.