Markokenya
May 20, 2021

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Good stuff. I think many would be entrepreneurs believe the idea is the biggest part of their future venture: it is not. I've worked closely with many brilliant entrepreneurs and watched them build companies from $zero to multi-billion valuation. Their success is a jagged, confusing and treacherous path through near-death experiences and learning events, each one with its pivot effect on the course of the venture. Almost nobody took a straight line from idea to scaled-up enterprise without some lane changes and maybe the occasional U turn. That's why VCs place only about 20% of their decision on the idea and about 50% on the founder, deciding whether this person has the chops to stay with it through all the ups and downs.

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Markokenya
Markokenya

Written by Markokenya

San Francisco geek, entrepreneur, wannabe economist, mediocre equestrian

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