

Vinod Khosla: Your willingness to fail is what will let you succeed
18 snips Jun 1, 2021
AI Snips
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Episode notes
Balancing Risks
- Balance different risks like market, product, engineering, and financial risks.
- Decide which risks to take, in which order, and how much.
Prioritize Big Risks
- Address the biggest risks first to fail early and cheaply if necessary.
- If a key risk doesn't work, pivot based on solved problems.
Jack Dorsey's Success
- Jack Dorsey, despite early failures, succeeded with Square by balancing vision and tactics.
- He focused on short-term steps while maintaining a long-term vision.