Tom Perkins, founder of VC Firm Kleiner Perkins, offered an intriguing analogy: tackle your 'white hot risks' in the first 9 months of raising your first cheque. White hot risks → existential, high-stakes risks that can break your startup. "If you're going to fail, I want you to fail early, fail quickly. It'll waste less capital so that's good for me, and it'll also burn up less of your time as a founder, which is good for you."
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