How Do You Get From 99% Chance to 50% Chance of Failure?

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Successful founders are going to be hardworking, smart or have some insight. But singling out one factor and saying this is the only thing that matters is hard to do. It's more of a question that I'd love to hear in the audience or other people's reaction. Like, what is the mix of luck, skill and something you need about founders?

How can we better make decisions under uncertainty? What are some of the different ways of being uncertain? What are some powerful venture patterns? How can founders and venture capitalists reduce risk in their startups and portfolios? What is the nature of innovation? How can investing be used to do good in the world?

Miles Lasater has started 3 companies, 2 nonprofits, and 1 family with 4 kids. He has been a founder, VC, angel investor, business school professor, board member, donor, improv comedian, and dancer. He currently is Founding Partner of Purpose Built Ventures and serves on the board of tech nonprofit Curious Learning. Miles also hosts a podcast called Startups for Good (which you can also follow on Twitter at @startups4good). Find out more at mileslasater.com.

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