Startups and Uncertainty | Reaction Wheel
I’m trying to write something longer than a blog post and to keep myself motivated I’m breaking it up into smaller pieces and publishing them here. So this should be read in conjunction with Schumpeter on Strategy and A Taxonomy of Moats. I expect that at some point the three will be combined together, I’ll take out about half the words, and it will be called something like ‘The Necessity of Uncertainty’ as chapter 2 of some larger thing. Which is just to say why the first paragraph here is the last paragraph of Taxonomy. Uncertainty can be seen everywhere in the startup process: in the people, in the technology, in the product, and in the market. This analysis shows something more interesting though: uncertainty is not just a nuisance startup founders can’t avoid, it is an integral part of what allows startups to be successful. Startups that aim to create value can’t have a moat when they begin, uncertainty is what protects them from competition until a proper moat can be built. Uncer
Frames are disabled on this site. Click here to read the article. --> I’m trying to write something longer than a blog post and to keep myself motivated I’m breaking it up into smaller pieces and publishing them here. So this should be read in conjunction with Schumpeter on Strategy and A Taxonomy of Moats . I expect that at some point the three will be combined together, I’ll take out about half the words, and it will be called something like ‘The Necessity of Uncertainty’ as chapter 2 of some larger thing. Which is just to say why the first paragraph here is the
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