It doesn't matter what your probability of failure is. If there's a 90% chance of failure, there's a 10% chance of changing the world.
I don’t mind the low probability of success, but it better be impactful if we do succeed.
Is it 10 years, 20, 50 before we reach that tipping point where climate change becomes irreversible? Nobody can know. There's clearly a probability distribution. We need to ensure this planet, and we need to do it quickly.
Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical decisions rather than company-building decisions and in my view often reduces the probability of success.
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