Surprising: Building a successful startup depends more on intelligence than tenacity. Tenacity determines the # of bets you will make, intelligence determines the quality of the bet. Just 3 bets that are 10X better will yield 1000X the result in the same time. @paulg thoughts?
Empirically false. You're forgetting that good startups are not merely bets realized, but ideas that evolve. So you only have to be smart enough to evolve.
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Doesn’t the evolution of an idea require making hypotheses = placing bets?
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Sure, but only bets at the level of "microcomputers seem to have a lot of potential, and Woz is really good at hardware."
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+1 in the absence of perfect knowledge, the ability to correct/evolve is far more important than the ability to be smarter the first time
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Alan Kay addressed this topic
@startupschool by comparing Leonardo Da Vinci (as someone with a high IQ) and Henri Ford: https://www.youtube.com/watch?v=1e8VZlPBx_0=01m35s … Obviously, Henri Ford's "startup" had more commercial success. But to be fair, Alan Kay's example refers to the general context.
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Also empirically false. Unintelligent species evolve quite well. Tenacity = large # of bets = evolution = appearance of intelligence (in hindsight)
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