My understanding from the startup world is generally that different startups can have vastly different outcomes trying to solve the same problem at the same time with competent team members. Sometimes it can be a highly tactical implementation detail or marketing strategy that creates success where others saw failure.
In a hypothetical universe where the outcomes of startups are completely random, wouldn’t we observe similar outcomes? I mean “two startups trying to solve the same problem, only a tiny difference in marketing strategy, one of them succeeded, the other failed”.
There are other reasons that I think we’re not in that world, among them serial entrepreneurs being much more successful than usual with such tactical successes.
I think yes.
My understanding from the startup world is generally that different startups can have vastly different outcomes trying to solve the same problem at the same time with competent team members. Sometimes it can be a highly tactical implementation detail or marketing strategy that creates success where others saw failure.
In a hypothetical universe where the outcomes of startups are completely random, wouldn’t we observe similar outcomes? I mean “two startups trying to solve the same problem, only a tiny difference in marketing strategy, one of them succeeded, the other failed”.
There are other reasons that I think we’re not in that world, among them serial entrepreneurs being much more successful than usual with such tactical successes.