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I concur with your assessment. There is a very strong “fake it till you make it” mentality. Run fast and break things (FB), ignore the rules and regulations (Ai
by voisin 4y ago
I concur with your assessment. There is a very strong “fake it till you make it” mentality. Run fast and break things (FB), ignore the rules and regulations (AirBNB, Uber), etc. she wasn’t really doing anything that most other startups don’t do all the time, she just did it more “successfully”.
- imgabe 4y agoThe key part of the “fake it til you make it” strategy, and this is what Holmes missed, is that you do eventually have to make it.
- lotu 4y agoMost startups don't eventually make it, they fail, we just only remember the ones that succeeded.
- walrus01 4y agoThe key part of "fake it til you make it" is significantly less harmful if you're making some novel software product or tech hardware gadget (like all the bankrupt attempts at new handheld gaming consoles) versus a medical diagnostics apparatus.