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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Bending Spoons: The Most Untold Success Story in Startups: Lessons Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation... Bootstrapped with Luca Ferrari, Co-Founder and CEO @ Bending Spoons

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Components of Success: Talent, Experience, and Motivation

Success is comprised of three key components: talent reflects one's inherent abilities, experience arises from relevant exposure, and motivation acts as a multiplier effect. By focusing on talent and motivation over experience, a team can be optimized for excellence. While experience can be provided and motivation can be fostered, one's fundamental desires cannot be altered. Therefore, to build the best team, it is crucial to emphasize talent and motivation while acknowledging the role of experience. Testing for talent involves assessing one's abilities and potential for growth.

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