That sounds like VC babble tbh.
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I feel like SV limits the downside of making something new happen though. I hear my startup friends say all the time "well if it fails Ill just get a normal job somewhere"
Sure. I'm just saying that I occasionally meet people who are trying to work on 5 projects they lead all at once, and most of them are failing miserably at it. In most cases, I'm not sure they could lead one.
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Doesn't mean they shouldn't aim for more than one, but I think it's worth thinking about what allows VCs to have many things in a portfolio.
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(I actually thought I deleted my original tweet, TBH. I hate to be discouraging, unless someone has explicitly asked my opinion. I'm in an unusually grumpy mood this evening.)
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Yeah, risk allocation in a portfolio works because you can own lots of (somewhat) uncorrelated things and the systematic risk goes down. For individuals you can really only invest in 1 thing at a time, so your best option is to double down (maybe?)
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I don't think having a side project or two is a bad idea, provided you make really serious progress on your main project every week (ideally, every day). And it's easy to fool yourself about that, especially if you don't have any way of concretely, reliably measuring progress.
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