3 ms·
Yes, because they will learn from the failures of the first, and make the second better. Then learn from the failures of the second-system-syndrome and make the
by jodrellblank 8y ago
Yes, because they will learn from the failures of the first, and make the second better. Then learn from the failures of the second-system-syndrome and make the third genuinely better.
Which is more likely to succeed, 1 attempt or 3 attempts?
- fleitz 8y agoSmartphones have found product market fit, this isn't X for Y trying to get ramen profitable while consulting on the side. This is a company with $300 million in funding. You're supposed to knock it out of the park, not pivot endlessly. Imagine GE making a new turbine engine, it's supposed to fucking work, because that's why you give GE/Rubin/'the adults' $300 million and not some kids in a garage a couple hundred grand.
- astrowilliam 8y agoWe're talking about a small company here. Sometimes small companies don't have the resources to move forward with a 2nd product if the first one didn't pay off.
- wpietri 8y agoAh, this poor, tiny company that raised only $330m: https://www.crunchbase.com/organization/essential-2#section-funding-rounds https://www.crunchbase.com/organization/essential-2#section-...