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Why? The entire point of a startup is to combine capital and labor in a way that is likely to fail on the off chance that it succeeds wildly. You greatly lever
by debacle 5y ago
Why? The entire point of a startup is to combine capital and labor in a way that is likely to fail on the off chance that it succeeds wildly.
You greatly leverage your capital and labor resources in an attempt to come skidding afire to a safe landing at profitability. Planning for crises would require taking resources away from growth, and reducing the opportunity to succeed.
- newsclues 5y agoLess gambling and more thoughtful planning to maximize success, isn’t a bad thing for startup (culture).