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Failure is a single outcome with many reasons leading up to it. Incompetence being one of them. I have no doubt that the claim could be true, but when a bailout
by Out_of_Characte 6y ago
Failure is a single outcome with many reasons leading up to it. Incompetence being one of them. I have no doubt that the claim could be true, but when a bailout happens you cannot assert that it must have been incompetence. Good startups that start with the best intentions can still be destroyed by many things that are not monopolised greed or incompetence.
- gwd 6y ago> Failure is a single outcome with many reasons leading up to it. Jared Diamond called this the "Anna Karenina Principle", from the opening line of Tolstoy's novel of that same name: All happy families are alike; each unhappy family is unhappy in its own way. The idea being that a number of things all need to be correct to be successful; if any one of those things is missing, things will fail. [1] https://en.wikipedia.org/wiki/Anna_Karenina_principle https://en.wikipedia.org/wiki/Anna_Karenina_principle