Companies need to take risks, companies that are too scared of failure don't inn... | Hacker News

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ig1 on Oct 10, 2011 | parent | context | favorite | on: Netflix reverts from Qwikster split

Companies need to take risks, companies that are too scared of failure don't innovate and eventually die.

And a fundamental part of taking risks is sometimes you'll screw up badly, it's how you react to that that's important.

jpdoctor on Oct 10, 2011 | [–]

There is a difference between taking a calculated risk and acting stupidly.

I don't think it was rocket science to predict that their customers were going to walk.

DiabloD3 on Oct 10, 2011 | [–]

This is exactly what I was trying to say.

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