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EPIC FAILS OF THE STARTUP WORLD

Open-uri20141027-3079-1oamoe?1414410653
..... [You might suppose that entrepreneurs would be better off curbing their optimism. But we’ve built a whole system on unrealistic expectations. Because we don’t know how to identify good companies in advance, investors end up funding lots of them in the hope that a few will hit it big. As a character on the new HBO series “Silicon Valley” says of a V.C., “You know how sea turtles have, like, a shit ton of babies because most of them die...]..

posted by Joerg Arens on May 14
http://www.newyorker.com/talk/financial/2014/05/19/140519ta_talk_surowiecki
Published at: May 2014
Source: The New Yorker
Author: JAMES SUROWIECKI
Type: Web article
Categories: Growth & Internationalisation, Leadership & Self Development
Tags: Failure; Entrepreneurship



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