Hacker News new | ask | show | jobs
by RcouF1uZ4gsC 766 days 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.

2 comments

Yes, this is not good advice at all. Stumbling into an honest living is somehow a terrible thing?
The economics of venture capital is that mediocrity gives a near zero return, and thus should go to zero as an investment
What if you're bootstrapped and are just trying to make an honest living instead of playing the VC casino?
then congratulations, you have escaped the matrix