My notes: * Large number of startups - Startups in general do better than any individual startups * Nothing to Lose * Desperate - Makes you try crazy

My notes: * Large number of startups - Startups in general do better than any individual startups * Nothing to Lose * Desperate - Makes you try crazy things * Poor - Makes you do things yourself * Do many things - More ideas produce more good ideas, even if each idea has no better chance of being good * Don't need to prove something is a good idea before trying it - All really good ideas seem stupid at first - If they didn't, someone else would be doing it already - Suggests giving "Get out of jail free" cards to let employees * Get all the benefits of your work - Otherwise, full downside but minimal upside - Risk is proportionate to reward; keeping risks low also keeps rewards low * Motivation, in increasing order of effectiveness - Aiming for acquisition - Fear of failure - Play a practical joke on the world