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by rpedela
3196 days ago
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The problem with going around talking about a startup having the potential to be a $1T business is that no current Fortune 500 business is worth that much including Facebook and Google which have your business model. Therefore you look like a fool for asserting yours will be the most successful business ever in the history of human civilization. If you were someone like Bill Gates who has a proven record of founding $10B businesses, then it wouldn't seem so crazy. But for a first-timer, yeah it sounds crazy. In fact, it sounds beyond crazy. |
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The H-bomb sounded crazy.
Nearly everything we have in our daily lives now sounded crazy 200 years ago.
But, with clear details on paper, both GPS and the H-bomb projects were high payoff, low risk and not crazy at all.
"Sounds crazy" is, uh, a crazy way to evaluate projects.