The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth
Ilya Strebulaevamazon.com
The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth
People escalate their own commitments, not someone else’s. We’ve also noticed that different organizations respond to this
The only good decision here is not to invest further and to write off your losses.
VCs don’t want to buy the first house or the first car.
Disagreement is your best friend in this case.
They de-risk risks; they don’t avoid them.
To use the Venture Mindset, you have to wear a risk-reduction engineer hat.
VCs call themselves “risk-reduction
Don’t hide risks. Bring them to light early on.