listenTribe

Optimize for flexibility
"Persistence is really important. Give yourself a chance to be lucky, the right things to happen. People also optimized too much. I actually think the most important thing for startups and frankly, I believe about society about anything is not to optimize for flexibility part for for X y like true put in the database, but to optimize for flexibility that lets you make those adjustments that changes. If you believe you can't plan, then you have to optimize for flexibility and make explicit tradeoffs in favor of flexibility and ability to change. As you run into problems." source: video

From: Using Failure as a Tool - Vinod Khosla, Founder of Khosla Ventures

I liked this statement: Startups should be run like car racing (break hard before corner, exit out as fast as possible). The curves are the risk curves (what are the current risks facing the company is facing).