Startup Decisions
topic on 2 shows · 2 statements across 2 episodes
In Depth 
Startups For the Rest of Us
2 statements about Startup Decisions, every show
Kreps: Engineering decisions are knowable, early startup decisions are unknowable
“Certainly for engineering decisions. They're mostly knowable and there's mostly kind of right and wrong answers, but usually, especially the early phase of the company, you're making a lot of kind of very big critical decisions with a lot of unknowable aspects…”
Walling: 80-90% of startup decisions are reversible and should be made quickly
“To identify which decisions are undoable, and what you'll find is 80 or 90% of them are, usually at some cost, right? It's either a, like, a personal cost where you have to come back and negotiate, or apologize, or, you know, undo something that may hurt your …”