Sometimes, what works for one person or company may not necessarily work for you. One tweet from Marc Andreessen caught a writer’s eye and ours, too!
Morgan Housel at Fox Business saw the tweet by Andreessen and it really resonated with him. Andreessen said:
“I find most business case studies useless. Successful companies are considered too brilliant; failed companies considered too stupid!”
It’s too difficult to point to one company and boldly state where they truly failed or succeeded, which is what makes being an investor so difficult. Housel stated:
“It’s hard to learn whether a company was brilliant or stupid based on outcomes and it’s even harder to extend those lessons to future investments because so much of what happens at one company is specific to that company, not to mention driven by chance and odds that could have gone a different way.”
All that matters on the road to success is learning from your own failures!