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← Entrepreneurship resembles gambling rather than chess, because the large payoffs cannot be identified in advance.
17 connected korrents · 16 moments on record from 22 Aug 2018 to 7 Sept 2026.
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Read this korrent: Entrepreneurship resembles gambling rather than chess, because the large payoffs cannot be identified in advance.
Entrepreneurship resembles gambling rather than chess, because the large payoffs cannot be identified in advance.
Last stated 9 months ago
9 Dec 2025
RS
Rory Sutherland — holds since 2025-12-09 — tap for who they are
Same subject: Entrepreneurship is one of the most challenging pursuits, comparable to professional sports in how few people actually succeed. — tap to centre the map on it
Entrepreneurship is one of the most challenging pursuits, comparable to professional sports in how few people actually succeed.
Last stated yesterday
7 Sept 2026
PL
Pieter Levels — holds since 2026-09-07 — tap for who they are
Same subject: The taboo against copying is a moral one, which is exactly what makes copying an arbitrage available to founders with less ego invested. — tap to centre the map on it
The taboo against copying is a moral one, which is exactly what makes copying an arbitrage available to founders with less ego invested.
Last stated 3 months ago
14 Jun 2026
MP
Mark Pincus — holds since 2026-06-14 — tap for who they are
Same subject: Entrepreneurs benefit from setting ambitious goals, even though most people do not need grand ambitions at all. — tap to centre the map on it
Entrepreneurs benefit from setting ambitious goals, even though most people do not need grand ambitions at all.
Last stated 2 weeks ago
26 Aug 2026
DH
David Heinemeier Hansson — holds since 2026-08-26 — tap for who they are
Same subject: A model company may face a winner's curse: it does all the hard innovation and is then one copy away from being commoditised. — tap to centre the map on it
A model company may face a winner's curse: it does all the hard innovation and is then one copy away from being commoditised.
Last stated 10 months ago
12 Nov 2025
SN
Satya Nadella — holds since 2025-11-12 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it
A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for.
Last stated 3 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: Earning more is an outer game you do not control; wanting less is an inner game you do. — tap to centre the map on it
Earning more is an outer game you do not control; wanting less is an inner game you do.
Last stated 2 years ago
27 Sept 2024
DS
Derek Sivers — holds since 2024-09-27 — tap for who they are
Same subject: A founder who takes their bearings from what everyone around them is saying will end up nowhere; you have to build your own compass for what the future looks like. — tap to centre the map on it
A founder who takes their bearings from what everyone around them is saying will end up nowhere; you have to build your own compass for what the future looks like.
Last stated a month ago
29 Jul 2026
AW
Alexandr Wang — holds since 2026-07-29 — tap for who they are
Same subject: A board game conquers the world when chance and strategy are in balance in it. — tap to centre the map on it
A board game conquers the world when chance and strategy are in balance in it.
Last stated 9 months ago
12 Dec 2025
IF
Irving Finkel — holds since 2025-12-12 — tap for who they are
Same subject: A company that grows enough eventually has no need for investors. — tap to centre the map on it
A company that grows enough eventually has no need for investors.
Last stated a week ago
1 Sept 2026
PG
Paul Graham — holds since 2026-09-01 — tap for who they are
Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it
AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them.
Last stated 3 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. — tap to centre the map on it
Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same.
Last stated 5 days ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. — tap to centre the map on it
A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires.
Last stated 9 months ago
3 Dec 2025
AD
Aswath Damodaran — holds since 2025-12-03 — tap for who they are
Same subject: A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at. — tap to centre the map on it
A founder who does not know their own goal dies by a thousand compromises and ends up running a company they do not want to work at.
Last stated 3 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: A business making hundreds of millions from an open source project owes it money or contribution, and can be refused its trademarks if it gives neither. — tap to centre the map on it
A business making hundreds of millions from an open source project owes it money or contribution, and can be refused its trademarks if it gives neither.
Last stated 2 years ago
26 Sept 2024
MM
Matt Mullenweg — holds since 2024-09-26 — tap for who they are
Same subject: A company that will not accept a project’s terms is free to go and use a more permissive project instead. — tap to centre the map on it
A company that will not accept a project’s terms is free to go and use a more permissive project instead.
Last stated 2 years ago
26 Sept 2024
MM
Matt Mullenweg — holds since 2024-09-26 — tap for who they are
Same subject: A few hundred dollars a month is nothing to a company and transformative to a project, so engineers should be the ones asking their employers to pay it. — tap to centre the map on it
A few hundred dollars a month is nothing to a company and transformative to a project, so engineers should be the ones asking their employers to pay it.
Last stated 8 years ago
22 Aug 2018
DD
Drew DeVault — holds since 2018-08-22 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2015 to today — full is today a face: someone on record holding the claim — tap it for who they are