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𝗧𝗵𝗲 $𝟭𝟬,𝟬𝟬𝟬𝘅 𝗠𝗶𝘀𝘁𝗮𝗸𝗲: 𝗛𝗼𝘄 𝗠𝗶𝘀𝘀𝗶𝗻𝗴 𝗚𝗼𝗼𝗴𝗹𝗲 𝗖𝗼𝘀𝘁 𝗕𝗶𝗹𝗹𝗶𝗼𝗻𝘀 Bill Gurley had a chance to invest in Google when it had just 25 employees. He passed. At the time, search companies were failing. Yahoo’s stock had crashed. Excite was bankrupt. And Google? Two PhD students who insisted on being co-CEOs and asked for a high valuation. It didn’t look like a safe bet. But two legendary investors, John Doerr and Mike Moritz, saw the potential. They ignored the doubts, broke the usual rules, and invested. That decision changed everything. Bill later realized his mistake. In venture capital, you can only lose what you invest, but missing a company like Google? That’s a 10,000x loss. The real risk isn’t making a bad investment—it’s failing to see the right one. This changed his thinking: Instead of asking What could go wrong? he started asking What could go right? He stopped fearing small losses and focused on finding the next big winner. He learned that sometimes, the best investments happen when you break your own rules. Tesla was another example. Many doubted it, but those who believed made fortunes. The biggest mistake isn’t losing money. It’s missing the future. 𝗙𝗼𝗹𝗹𝗼𝘄 Vishu Bheda 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱'𝘀 𝗯𝗲𝘀𝘁 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀!