Re:On Cultures That Build
by leetsquad on Friday June 19, 2020 @09:49AM
(#23574492)
I believe it might just be that we are used to safe incremental building now.
For example, building a feature on top of a successful product will get 5% gain with 80% certainty.
Building something completely new will give 10x gain with 2% certainty.
Management is more likely to favor the 5% gain because it gives safe returns and they can explain it well to whoever they are reporting to.
Also, I believe the same applies to startups. A founder has to explain crazy bets to investors, employees and everyone in the company. That's notnas easy as it sounds.
For example, building a feature on top of a successful product will get 5% gain with 80% certainty.
Building something completely new will give 10x gain with 2% certainty.
Management is more likely to favor the 5% gain because it gives safe returns and they can explain it well to whoever they are reporting to.
Also, I believe the same applies to startups. A founder has to explain crazy bets to investors, employees and everyone in the company. That's notnas easy as it sounds.