“they could end up on a local maximum. But in practice…” — Acquired at 1:15:39
“they could end up on a local maximum. But in practice, that never happens. The maxima in the space of startup ideas are not spiky and isolated. Most fairly good ideas are adjacent to even better ones. And to this, I'll give two very classic examples. One, of course, is Airbnb, where the idea of couch surfing is…”
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