In startup world, the race is mostly binary.

There is only space for one winner.

That means you have to win, or you have nothing to show for your blood, sweat and tears.

The good news is that victory is not purely a function of “who is best.”

It’s mostly a question of survival.

You don’t need to beat your rivals, you need to wait for them to fall by the wayside.

Whoever stays in the game the longest, wins by default.

The last man standing wins.