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I agree with some of the sentiment but I feel like saying "largely luck-based" frames it as being mostly out of our control. Yes, there are absolutely economic

I agree with some of the sentiment but I feel like saying "largely luck-based" frames it as being mostly out of our control. Yes, there are absolutely economic/industry issues that are completely out of our control and hard to predict but I believe a major part is the strength of the team to focus, execute, get along and continue when sh*t happens, and adjust as their Vision hits reality. I'm not sure what the division is between luck/timing vs team/product vs all the other things but it's hard to accept that it's "largely" out of my hands. Maybe you're right but I hope not.

deleted 10y ago
[deleted]
pfarnsworth 10y ago
Assuming that the minimum threshold for any successful company are things like "strength of the team to focus, execute, get along and continue when sh*t happens, and adjust as their Vision hits reality", then I do believe that everything else is out of your control. If it weren't out of your control, then wouldn't someone have already come up with a more surefire way of creating a successful company than what we currently have? The smartest people are here in Silicon Valley, all trying to become billionaires and yet only a very small percentage actually succeed, and there's no way to accurately and consistently predict before it happens.