Reza Satchu
speaker
340 appearances
1 recordings
1 series
first heard Sep 2026
last heard 6d ago
Reza Satchu’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Sep 2026 with 1.
Appearances
And I think my investors appreciated it.
But you can imagine, from my perspective, it was an incredibly difficult decision because it was a public failure, okay?
Now...
What I'll tell you about failure is it turns out, look, I'll tell you one last thing on failure, which not only do I think we as a human being sort of overestimate how bad failure is, but I'd also say the market values people who actually exercise judgment and fail.
So quickly, one of my colleagues here at Harvard did a study where they looked at 5 million data points.
And they only looked at two types of people, people who went and did traditional paths and people who founded and failed, okay?
So people who went to McKinsey, Goldman, Google, Amazon, whatever, others who founded and failed.
Forget about founded and succeeded.
And then they grouped them in terms of similar prior historical, educational, and professional experience.
And what they found was the failed founders re-entered the workforce
with two and a half years of seniority above the traditional folks.
Wow.
So think what that tells you.
What that tells you is the market values their judgment even though it was flawed.
They valued the fact that they were in the arena making decisions, feeling the consequences of it, calibrating risk, however flawed, such that they came back into the traditional world with two and a half years of security.
And it makes sense to me because even if you're getting it wrong, you're building judgment.
You're seeing what's wrong.
So I think these are important sort of
moments and certainly important educational.
off course?
Showing 241–260 of 340 · page 13 of 17
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