I was told once that startup success is like f(x,y) = xy where: X = team, market, PMF, idea, execution, growth strategy.... everything that is in your control. Y = a random number between 1 and 1,000 — this is luck, timing... god, universe or however you want to call ithttps://twitter.com/paulg/status/1368631526762627076 …
Yes, I meant factor in the mathematical sense. I don't think 1-1000 is the right range for y though. I'd say more like 0-100.
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And that's absolutely hideous. What sane person would commit years of their life to an effort when the outcome is so determined. It must change. We need to segment the startup process, sort of like a Bitcoin mining pool. No one owns any one idea, just parts of process.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Agree for 100 instead of 1000, but I do believe it’s 1 instead of 0... I do believe it’s in our control as founders to not take the business to 0. If you’re resourceful and refuse to die you can always find a way to at least survive.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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