1/ In this essay on power laws in venture capital some of the assumptions seem wrong or incomplete. http://reactionwheel.net/2015/06/power-laws-in-venture.html … cc: @nntaleb
@trengriffin one of the reasons in fields that persistence seems so important is you need to do many things well. No shortcut to trying hard
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@DanielleFong Top VC portfolios prove trying hard isn't enough. ~2 of 40 are unicorns. No way to predict at the start. All must be capable. -
@trengriffin biggest thing is this: Most people rest on past successes, while others use it to drive themselves to things even greater - 1 more reply
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