Saying "no" is such an inherent part of investing that we sometimes become bad at saying “yes.” My thoughts on how to avoid the cognitive trap.
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Compounding growth is powerful. A company growing at 15% monthly over four years will be 8x larger than one growing at 10%.
It's an amazing difference. It drives the gap between the iconic companies that break out and those that muddle along toward mediocrity.
I compiled data on some of the most successful companies in venture history to put some measure around this.