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There are plenty of companies out there who have the same resources, but are nowhere close in terms of results.
by BadassFractal 9y ago
There are plenty of companies out there who have the same resources, but are nowhere close in terms of results.
- ryandrake 9y agoIt's almost as if success is not purely a function of talent and capital. Who knew?
- madamelic 9y agoNo offense to you, but I am getting really tired of luck-driven nihilism. Survivorship bias doesn't mean everything is hopeless, it is just a reality you should hedge for.
- SyneRyder 9y agoI didn't interpret the comment as meaning luck driven. I thought it meant that execution and being prolific can also be factors, in addition to talent and capital. Samsung seemed to learn a lot by trying lots of form factors and seeing which ones sell.
- gozur88 9y agoThere's a resource that no other large company has, though - Jeff Bezos. Don't underestimate the importance of having such a brilliant guy in the #1 spot.
- ankushnarula 9y agoPeter Thiel tried to point this out to Eric Schmidt a while back: https://www.youtube.com/watch?v=2Q26XIKtwXQ https://www.youtube.com/watch?v=2Q26XIKtwXQ
- BadassFractal 9y agoGreat link, thank you