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There's a certain amount of insane luck involved in any startup succeeding; you have factors like financing, broader industry investment trends, initial financi
by awinder 10y ago
There's a certain amount of insane luck involved in any startup succeeding; you have factors like financing, broader industry investment trends, initial financing that involve just blind luck that is out of your control. To say nothing of all the ways you could control but ultimately screw up, in some way that ultimately kills the company.
Add to that some idea that is not normal and involves actually changing the way society thinks and acts. Or some idea that runs headlong into a highly regulated industry and involves a gamble on winning (zenefits, Uber, lyft). Calling these ideas crazy is basically stating the obvious. The unnormal result is that they actually succeed. And good for them for doing it, and I'm not discounting the skill and ideation or how well these people "earned" the success. I'm just saying let's not discount that they were still lucky and that the ideas were crazy -- this is statistical fact.