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If you don’t understand this as a founder, your DOA.
a mistake we see many founders make is tackling too large of a vision starting off. you hear the truism that good start-ups tackle large markets, and so you start building a Maximum Viable Product that solves multiple problems or replaces an entire incumbent (ex. "Figma killer")…
This is so true that I wondered where else I can apply this to… For startups: You can also replace “is significantly dumber” with “has no track record of actually building a 0-1 startup” @tunguz
Life lesson: if you ever come into a major disagreement, especially an acrimonious one, with someone who is significantly dumber than you, just walk away. You’ll never be able to rationally explain where you are coming from, and nothing good comes from continuing confrontation.
Uhhh what is happening here??? That boat celebrating some Mexican boat just crashed into Brooklyn Bridge
Many stories get told about why DoorDash won: The business school version: they had the right strategy. They launched in the right markets, acquired the right restaurants, and designed the marketplace the right way. The hustle culture version: they out-executed everyone else.…
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