Episode 18. When Vision Inspires, Outcome Backfires: Focus on the problem, not on the solution
“Don’t fall in love with your solution. Fall in love with the problem.” Paul GrahamCan you imagine a startup that raised $1.7 billion in the initial investment and shut down only six months after launch?Its name was Quibi. In 2020, it promised to revolutionize the way people are entertained. But today, its name is a synonym for failure. Quibi’s business model involved creating 10-minute clips that would be watched on mobile during commutes. Unfortunately, it launched in 2020, w...