No venture career gets minted without luck.
This is something I will never forget!
"If you can lose money on purpose in venture it means that there’s an element of skill that can boost your chances of generating returns."
Fred Destin wrote a good post about this yesterday.
See here https://www.linkedin.com/posts/freddestin_for-younger-investors-heres-some-hard-shit-activity-7153053020740591617-G7KZ
And my comment reply https://www.linkedin.com/feed/update/urn:li:activity:7153053020740591617?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A7153053020740591617%2C7153291942620012544%29&dashCommentUrn=urn%3Ali%3Afsd_comment%3A%287153291942620012544%2Curn%3Ali%3Aactivity%3A7153053020740591617%29
This is something I will never forget!
"If you can lose money on purpose in venture it means that there’s an element of skill that can boost your chances of generating returns."
Fred Destin wrote a good post about this yesterday.
See here https://www.linkedin.com/posts/freddestin_for-younger-investors-heres-some-hard-shit-activity-7153053020740591617-G7KZ
And my comment reply https://www.linkedin.com/feed/update/urn:li:activity:7153053020740591617?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A7153053020740591617%2C7153291942620012544%29&dashCommentUrn=urn%3Ali%3Afsd_comment%3A%287153291942620012544%2Curn%3Ali%3Aactivity%3A7153053020740591617%29