2 ms·
I’m not sure that a new company being a startup, and having a high probability of lasting 100 years, are aligned with each other as goals. It is possible that
by drdeca 8y ago
I’m not sure that a new company being a startup, and having a high probability of lasting 100 years, are aligned with each other as goals.
It is possible that I am confused/incorrect about what the term “startup” refers to though. (I thought it generally referred to the “grow fast, particularly high risk of failure” model)
Edit: though, I suppose that “probability of lasting 20 years” and “probability of lasting 100 years” might not be as correlated as I thought?
Perhaps making a company which is more likely to fail quickly, but if it doesn’t is likely to become large and stable, would make it overall more likely to last a long time than making one which takes fewer short term risks at the start and which is therefore more likely to stay around for at least a smaller amount of time? I don’t know.