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Startup Insider: The Power of Luck

By Early Investing on March 17, 2022

When investors evaluate startups, they need to consider a wide range of factors. Some factors — like founder experience and financial performance — are straightforward. Others — like profit potential and scalability — are more speculative and difficult to measure. Then there’s luck. As defined by Merriam-Webster, luck is a force that brings good fortune or adversity. And luck is not something that we can control. It is success (or failure, if you’re unlucky)…
This week's News Fix examines the importance of luck for startups; an Excel error hurting a stock; and the latest from SoftBank, bitcoin and ketchup.