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> One of the wisest and most important pieces of advice I received as a startup founder was this: “The worst outcome is a mediocre success”. …in a zero interes
by RcouF1uZ4gsC 2y ago
> One of the wisest and most important pieces of advice I received as a startup founder was this: “The worst outcome is a mediocre success”.
…in a zero interest rate environment where there is a bunch of money sloshing around looking to roll the dice multiple times.
- ldjkfkdsjnv 2y agoThe economics of venture capital is that mediocrity gives a near zero return, and thus should go to zero as an investment
- malermeister 2y agoWhat if you're bootstrapped and are just trying to make an honest living instead of playing the VC casino?
- ldjkfkdsjnv 2y agothen congratulations, you have escaped the matrix
- hyperhello 2y agoYes, this is not good advice at all. Stumbling into an honest living is somehow a terrible thing?