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> only a small fraction of the companies that avoid dying manage to explode And none of the companies that die do. Surviving gives you infinitely better odds o
by Swizec 7y ago
> only a small fraction of the companies that avoid dying manage to explode
And none of the companies that die do. Surviving gives you infinitely better odds of success than dying.
That said, for personal success it is often important to let bad projects die.
- diego 7y agoInfinitely better is not 100%, which is what his quote literally says. Say it's 0% vs 5%. That is my point.
- heavenlyblue 7y ago>> Surviving gives you infinitely better odds It's a false dichotomy. It's like comparing the chances of you living to the age of 60 given that a brick had fallen on your head yesterday to someone who didn't get that lucky yet (rephrasing as "what are the chances you are dead if you're already dead?"). You have to compare the odds before the fact.