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Risk

Every resource in the archive tagged with risk.

28 resources

2014 Letter to ShareholdersLetter

2014 Letter to Shareholders

Jeff Bezos

Apr 2015 · 22 min read

The four traits of a dreamy business, and how Marketplace, Prime, and AWS each earned the label.

7 RejectionsEssay

7 Rejections

Brian Chesky

Jul 2015 · 1 min read

On June 26, 2008, our friend Michael Seibel introduced us to 7 prominent investors in Silicon Valley.

Making Money Isn't About LuckEssay

Making Money Isn't About Luck

Naval Ravikant

Mar 2019 · 5 min read

The four kinds of luck, and how to build a character that makes wealth find you.

Guide to Career Planning, Part 2: Skills and educationEssay

Guide to Career Planning, Part 2: Skills and education

Marc Andreessen

Oct 2007 · 17 min read

Which skills actually compound in a career — and what formal education is and isn't good for.

Guide to Career Planning, Part 1: OpportunityEssay

Guide to Career Planning, Part 1: Opportunity

Marc Andreessen

Sep 2007 · 11 min read

Why planning a career is pointless — and why seizing opportunities beats following a plan.

Guide to Career Planning, Part 3: Where to go and whyEssay

Guide to Career Planning, Part 3: Where to go and why

Marc Andreessen

Oct 2007 · 9 min read

How to pick the industry, company, and role where your opportunities will compound.

Advice for Ambitious 19 Year OldsEssay

Advice for Ambitious 19 Year Olds

Sam Altman

4 min read

Build something real while staying around smart people, regardless of whether you choose college, a company, or a startup.

Organic Startup IdeasEssay

Organic Startup Ideas

Paul Graham

Apr 2010 · 4 min read

The best startup ideas come from problems you encounter in your own life, not from trying to guess what others want.

Marc Andreessen on the 5 personality traits of an innovatorVideo

Marc Andreessen on the 5 personality traits of an innovator

Marc Andreessen

Mar 2026 · 1 min read

The five personality traits that separate true innovators from everyone else.

Why We Prefer Founding CEOsEssay

Why We Prefer Founding CEOs

Ben Horowitz

9 min read

Founding CEOs outperform professional CEOs because they're more committed to the company's mission and better able to navigate uncertainty.

The Case for the Fat StartupEssay

The Case for the Fat Startup

Ben Horowitz

9 min read

Lean startups can thrive by spending more strategically instead of cutting costs everywhere.

2018 Letter to ShareholdersLetter

2018 Letter to Shareholders

Jeff Bezos

Apr 2019 · 18 min read

Bezos arguing that risk-taking, not just revenue, must scale with company size.

How to Get Rich (Without Getting Lucky)Essay

How to Get Rich (Without Getting Lucky)

Naval Ravikant

Dec 2019 · 193 min read

Wealth is assets that earn while you sleep; money is how you transfer it; status is a zero-sum game you should avoid.

Upside RiskEssay

Upside Risk

Sam Altman

2 min read

Power law returns mean angel investors should focus on upside risk—missing great deals—not downside protection.

What I Wish Someone Had Told MeEssay

What I Wish Someone Had Told Me

Sam Altman

1 min read

How to start and scale ambitious things: recruiting, focus, speed, conviction, and fighting bureaucracy.

How To Invest In StartupsEssay

How To Invest In Startups

Sam Altman

9 min read

How to succeed as a startup investor by accessing deals, picking great founders, and getting them to choose you.

Hard StartupsEssay

Hard Startups

Sam Altman

2 min read

Altman's core thesis: ambition is a recruiting and gravitational advantage, not a liability.

Luck and the EntrepreneurEssay

Luck and the Entrepreneur

Marc Andreessen

Aug 2007 · 8 min read

Four distinct kinds of luck shape entrepreneurial success, each requiring different personality traits and behaviors to activate.

Age and the EntrepreneurEssay

Age and the Entrepreneur

Marc Andreessen

Aug 2007 · 11 min read

Andreessen's gloss on Simonton's finding that the 'quality ratio' of hits to misses stays roughly constant throughout a creative career.

Guide to Startups, Part 6: How much funding is too little? Too much?Essay

Guide to Startups, Part 6: How much funding is too little? Too much?

Marc Andreessen

Jul 2007 · 9 min read

How much funding a startup should raise: enough to reach product/market fit or full exploitation, with a buffer for setbacks.

Guide to Startups, Part 5: The Moby Dick theory of big companiesEssay

Guide to Startups, Part 5: The Moby Dick theory of big companies

Marc Andreessen

Jun 2007 · 10 min read

How to navigate unpredictable dealings with large companies as a startup founder.

Superlinear ReturnsEssay

Superlinear Returns

Paul Graham

Oct 2023 · 19 min read

In most fields, small differences in performance create outsized differences in results because of exponential growth and thresholds.

Why It's Safe for Founders to Be NiceEssay

Why It's Safe for Founders to Be Nice

Paul Graham

Apr 2004 · 9 min read

Hackers' disobedience and rule-breaking are essential to their brilliance, not flaws to suppress.

Black Swan FarmingEssay

Black Swan Farming

Paul Graham

Sep 2012 · 9 min read

Startup investing concentrates returns in a few massive winners, which look like bad ideas until they succeed.

The Anatomy of DeterminationEssay

The Anatomy of Determination

Paul Graham

Jan 2017 · 1 min read

Smart people take risks that look crazy only in hindsight; Newton's work in alchemy and theology were reasonable bets in his time.

Schlep BlindnessEssay

Schlep Blindness

Paul Graham

Jan 2012 · 4 min read

Great startup ideas fail because our unconscious mind avoids problems requiring tedious, difficult work.

Guide to Startups, Part 2: When the VCs say noEssay

Guide to Startups, Part 2: When the VCs say no

Marc Andreessen

Jun 2007 · 11 min read

How to reduce layers of risk in your startup plan after VCs say no.

Guide to Startups, Part 1: Why not to do a startupEssay

Guide to Startups, Part 1: Why not to do a startup

Marc Andreessen

Jun 2007 · 10 min read

The emotional, logistical, and interpersonal reasons why starting a company is much harder than most people realize.