Antifragile. Most founders habitually structure symmetrical bets...it’s no wonder that the vast majority fail. Particularly in the B2B space, you can structure most bets with asymmetric upside and have a ~guaranteed good outcome if your market is huge and you know how to focus.
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I mean b2b can still be highly competitive and there are a lot of saturated markets right now. I think if you want to be anti fragile you should be looking to be asymmetric in terms of financing if you can bootstrap you can take more chances and have more upside
I would optimize for more capital, more control, and lower burn instead of optimizing for dilution. 1) Don’t run out of money, 2) don’t get fired, 3) find product market fit.
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I feel that should be standard strategy to optimize for more capital but the trick is to obtain the capital without surrendering too much control. I think the emergence of the ICO is an example of companies being able to optimize for capital and keep control
Thanks. Twitter will use this to make your timeline better. UndoUndo
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