As I understand, there is no consensus yet but a reasonable consideration only at this point regarding the 2nd or 3rd or 4th wave of Covid-19. Some assume mutation in the widespread virus, some assume seasonality and joint occurrence with the common flu, some are concerned with the results of lockdown easing backfiring in the latter half of the year…
Yes, stoic phiiosopy has certain profound aspects that I resonate with but I always say it is impossible to label wisdom - it can be found in so may different shades across time and across so many different cultural, religious and secular themes.
Thanks Shivendra! Glad this writeup helped you out. And yes, the C to A creep requires careful attention otherwise a normal day doesn’t seem very normal any more with unnccesary backdrop anxiety.
This is a real risk especially if meaningful asset value is not created, either in terms of product, customer base, IP patents, etc. So it is easy to end the venture. Some founders do walk away and that is why investors have to be careful the founders incentive is not too diluted.
Thanks Scott, great question! I intend to write an article on this topic, soon.
You are quite right about the challenge of quantifying quality especially since resources and effort don’t guarantee it in exponentially fast evolving markets.