Hacker News new | ask | show | jobs
by user_501238901 2100 days ago
Diversifying.

Simplified: If you spend $1 million each on ten projects, each of which have a 90% chance to fail and 10% chance to bring in $100m in profits, then it is absolutely worth it

1 comments

Which makes somewhat sense for Google (I mean, Gmail is the titular example right?). But Gmail is 16 years old, Gsuite is 14. Where is the next unicorn vs. the much more than twenty failed products to offset this?

And more to the point; are these projects "failing" because savvy companies are working out that the play is short term seeking either high growth or death...

EDIT: 205 https://killedbygoogle.com/