If You Want to Go Broke, Listen to a Billionaire
This article could have just as easily been titled &quot;If You Want to Go <i>For</i> Broke, Listen to a Billionaire&quot;<p>Not all startups are VC-backable; not all entrepreneurs are trying to build massive companies. Entrepreneurs, as a microcosm of all people, have a wide variety of values and goals.<p>So when the author says:<p>&gt; A Better Formula For Regular Entrepreneurs<p>What&#x27;s &quot;better&quot;? What&#x27;s a &quot;regular entrepreneur&quot;? More precise language might be something like &quot;A formula with a higher chance of success for entrepreneurs who value a likely moderately-positive outcome over an unlikely massively-positive outcome.&quot;<p>Personally, I&#x27;m going for broke. I want to create the largest possible positive impact that I can for humanity. VC incentives to seek unicorns may not be aligned with all entrepreneurs, especially the &quot;regular entrepreneurs&quot; above. But I think for some, the incentives and economics are aligned.