It's no secret that many of the best investments are those backing repeat founders, where previous outcomes were less than stellar. If behind every one of these investments there is a savvy investor playing a long game (backing promising entrepreneurs leading companies, not just the companies), and thriving ecosystems to support such behavior on both sides of the table, why should "bad luck" as a concept be normalized? What specifically do you feel that would change?
This is definitely worth discussing more! Normalizing failures as a part of success would help a lot of individuals, esp. founders.
It's no secret that many of the best investments are those backing repeat founders, where previous outcomes were less than stellar. If behind every one of these investments there is a savvy investor playing a long game (backing promising entrepreneurs leading companies, not just the companies), and thriving ecosystems to support such behavior on both sides of the table, why should "bad luck" as a concept be normalized? What specifically do you feel that would change?