Updated
About
No description.
Stats
46 propositions
49 inferences
Viewing
Claim
A startup that succeeds usually makes its founders rich
Arguments
If it is true that...
Three things are needed to create a successful startup: starting with good people, making something customers want, and spending as little money as possible
and
The founders of a startup need to include at least one person who can focus on what customers want
and
Spending money slowly encourages a culture of cheapness
Then it must be true that...
A startup that succeeds usually makes its founders rich
If it is true that...
The valuation of a startup is not just the value of its current assets, but also its ideas and potential future work
and
The value of a company is not determined rationally but is essentially a bet on its future success
Then it must be true that...
A startup that succeeds usually makes its founders rich
If it is true that...
Maximizing a startup's chances of success is more important than retaining a large amount of stock
Then it must be true that...
A startup that succeeds usually makes its founders rich
Consequences
If it is true that...
A startup that succeeds usually makes its founders rich
Then it must be true that...
Startups are a big risk financially