First published in The Stanford Daily.
Startups are often thought of as a risky business. We imagine founders to be fierce visionaries who can see a better future and are willing to bet on their personal success to realize it. They tread the thin line between genius and delusion and their ventures are constantly on the verge of utter failure right up to the moment they cross an invisible threshold and achieve the fabled “hockey stick” growth — the supposed mark of a scalable technology business. Then, at long last, comes the vindication and adulation. The risky bet pays off.