FounderPool: A community for founders to share risk and diversify their equity

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Luck and Startups

Startups require luck.

All successful founders (those that have built “Unicorns”) had great skills and great luck. Skills need no definition, as they are widely understood and recognized. We know them when we see them, be it in engineering, product development, sales, marketing, or operations.

But luck is hard to define, so I use Michael Mauboussin’s definition. According to him, luck has two key attributes:

Chandra Duggirala

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https://www.thenewsedge.com/2020/08/01/founderpool-a-community-for-founders-to-share-risk-and-diversify-their-equity-6/

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