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0 pointsnoblethrasher9y ago0 comments

During an interview[1] (with one of the AirBnB founders no less), pg offered the general advice that startups should search for success using a hill climbing algorithm, and not worry about dangerous local maximums; only to be immediately confronted with the counter example of AirBnB (the cereal episode).

That company just seems to be an outlier in multiple categories.

[1] http://youtu.be/nrWavoJsEks at about 7:00

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jacquesm9y ago

Which is amusing if you realize that VC depends on outliers in order to make it to the next cycle.

In other words: the only worthwhile companies for VCs are the ones that do not follow the set patterns and to which the rules do not apply.

j / k navigate · click thread line to collapse

0 pointsnoblethrasher9y ago0 comments

That company just seems to be an outlier in multiple categories.

[1] http://youtu.be/nrWavoJsEks at about 7:00

0 comments

jacquesm9y ago

Which is amusing if you realize that VC depends on outliers in order to make it to the next cycle.

In other words: the only worthwhile companies for VCs are the ones that do not follow the set patterns and to which the rules do not apply.

j / k navigate · click thread line to collapse