[johnrob]

What if 500 Startups has the "misfortune" of landing a black swan? With the firm's then increased valuation, how do they grow that with base hits?

I read PGs essay to mean that black swans are like an addiction: once you have one, you need another to get any kind of growth.

[davemc500hats]

there's no misfortune if we have black swans. and we probably already did find one with 9GAG last summer.

the point i was making was about whether that's the focus, or simply a result.