Perfect information doesn’t exist. You’re always making a bet with incomplete data. The question is whether you make that bet early, when the sta… - Marc Randolph

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Perfect information doesn’t exist.

You’re always making a bet with incomplete data.

The question is whether you make that bet early, when the stakes are small, or late, when you’ve burned months and money protecting an idea that’s never been tested.

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Native Name: Marc Bernays Randolph
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Additional quotes by Marc Randolph

There's this myth floating around startup land that says you just pound away forever and never give up—that if you persevere long enough, success will inevitably come knocking.

But that's bullshit.

Don't get me wrong....I'm a huge believer in persistence.

But there's a crucial difference between productive persistence and just being stubborn.

And knowing which one you're practicing?

Well, that's the hard part.

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