The general rule is optionality is strength. When there are lots of ways for things to go right, that is a strong position even if you haven’t actualized one of those ways.
The converse of this is a business that has extra “and” clauses — even more than usual. Marketplaces, for example, almost never succeed. When they do succeed, they are often durable and profitable, which makes them a smart bet for a Venture Capitalist that can maintain a diversified portfolio of attempts, but for the individual business it’s a tough road.
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, Owner: (Registered business address: Germany), processes personal data only to the extent strictly necessary for the operation of this website. All details in the privacy policy.