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by TuggaRoo 3368 days ago
Great resource - looking forward to future videos. It does feel like there's an assumption that everyone who wants to build a startup is trying to build the same kind of startup. Lifestyle businesses and social entrepreneurship ventures are kind of glossed over, but are legitimate - they require passion and hardwork without the hope or promise of big payoffs. I'm wondering if this series will be appropriate for people who are interested in those types of startups - I guess we will see.
1 comments

This lecture series is definitely aimed at the "startup = growth" type of startup, so much more relevant to companies that want to get huge.
As a former founder I do think there's truth to Altman's advice to tackle big/hard problems rather than small/easy.

Rationale:

- you develop unique expertise and skills that are more valuable (ie more acquihire rationale) if things go south

- easier to fundraise and recruit

- optionality: downshifting to solving a smaller problem is easier than leveling up to solving a bigger one

But not all huge problems have to = huge financial gain