Ben Thompson on Business and Tech
Conversations with Tyler
00:00
Is There a Lot More Mistaken Strategy?
The venture capital model, in many respects, is not about having a great strategy and then finding the right team to implement it. It's its funning a whole bunch of teams, get the ones at get traction, and then build up from there. And so strategy is very much a follow on to initial execution, initially gaining product market fit. Even with the large company, see failures all the time. Gog in particular, thing is notorious for this, for watting products all the time that never succeed. But it doesn't matter, because they have that core product with the huge network of facts that lets them do that and fail. I mean, a amazons made entire business
Transcript
Play full episode
