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This is simply the Pareto principle (80/20) rule, and it's true of most things. This is also true of Startups -- most of them die, but that doesn't mean they d
by KerryJones 10y ago
This is simply the Pareto principle (80/20) rule, and it's true of most things.
This is also true of Startups -- most of them die, but that doesn't mean they didn't add value in validated learning (positively or negatively).
Elon Musk has often stated that he thought Space X had very little odds of success, but he continued because he believed he could create value that someone else could build on.