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Saved February 14, 2026
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Swizec Teller shares insights on how to identify good startup bets based on personal experience. He outlines key criteria such as market potential, unique advantages, and early traction to help others make informed decisions when joining or starting a company.
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Swizec Teller reflects on his career choices, particularly his decision to turn down Shopify before its IPO, which he now sees as a missed learning opportunity. He emphasizes that while financial gain is important, the experience and knowledge gained from being in a dynamic environment can be even more valuable. Teller shares insights from his book, *Scaling Fast*, on how to evaluate startups for potential success. He suggests assessing hard metrics like growth and profitability but acknowledges that early decisions may rely on instinct when hard data isn't available.
Teller outlines his criteria for identifying promising startup opportunities. He looks for problems that genuinely excite him, markets with growth potential, and situations where he or the company holds a competitive advantage. Evidence of early traction, such as customer interest and sales, is essential. He advocates for thorough research, including checking company growth patterns and gathering informal feedback from current employees. Personal motivation plays a key role in his decision-making, as he stresses that a startup should not feel like a chore. Choosing the right startup is a long-term commitment; he advises looking for companies that provide not just financial rewards but also personal fulfillment and growth opportunities.
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