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46 propositions

49 inferences

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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