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Empirically, "tech not actually possible" is a relatively rare reason for startups to fail. Other reasons are much more common. So putting a lot of effort into
by tlb 11y ago
Empirically, "tech not actually possible" is a relatively rare reason for startups to fail. Other reasons are much more common. So putting a lot of effort into verifying this doesn't affect an investor's return much.
Also, a common trajectory is shooting for something impossible, but discovering possible and useful things along the way which turn into great businesses. So even if you're 100% sure the idea is impossible, it might still be a good investment.
- api 11y agoEmpirically, very few people lose races due to broken legs.