John Wiley & Sons The Super Upside Factor Cover A practical playbook to maximize luck in life and career Venture capitalists manage to raise and in.. Product #: 978-1-394-25491-0 Regular price: $26.07 $26.07 Auf Lager

The Super Upside Factor

Asymmetric Principles that Will 10X Your Life

Kang, Daniel S.

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1. Auflage März 2025
240 Seiten, Hardcover
Wiley & Sons Ltd

ISBN: 978-1-394-25491-0
John Wiley & Sons

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A practical playbook to maximize luck in life and career

Venture capitalists manage to raise and invest trillions of dollars despite being wrong most of time through asymmetric bets - where a few big wins outsize losses by factors of 1,000x.

In The Super Upside Factor, Daniel Kang draws on his experience as a venture capitalist at Softbank Vision Fund and a Y Combinator-backed founder to adapt asymmetric principles for personal and professional life. He offers a clear framework for maximizing luck and generating outsized returns--what he calls Super Upsides. Through vivid, real-life experiments, Kang demonstrates how he put these principles into practice--from securing a book deal writing just 15 minutes a day; to recovering from a spiralling plane as a pilot; to raising millions by betting on pivotal career shift.

This book draws upon the author's firsthand experience going from no money, network, or looks to a highly successful career in entrepreneurship and venture capitalism. In this book, readers will find discussion on:

* Core concepts like the multiplier effect and black swans

* Probabilities, biases, and luck, and how to make them work for you, not against you

* Tools and first steps to create a "life portfolio" of uncapped upsides and unlimited opportunity

Backed by decision science research and personal experimentations, the book strikes a balance between theory and practical advice, guiding readers to identify and optimize skewed life bets. Beyond the tactical elements, Kang explores the human side of applying these principles, including discussions on mental health, emotional struggles, and even tactically quitting.

The Super Upside Factor will inspire readers--even the most risk averse--to realize they are only a few Super Upsides away from extraordinary success and provide precise asymmetric principles needed to stack the odds in their favor.

Part I Asymmetric Principles 1

Chapter 1 The Few Right Things 3

Chapter 2 Defining Asymmetric Principles 11

Chapter 3 Dogfooding in Public 27

Chapter 4 Staying Alive 49

Part II the Practical Guide 63

Chapter 5 Choosing the Right Games to Play 65

Chapter 6 Everything Is a Hypothesis 79

Chapter 7 Scaling with Momentum and Leverage 107

Chapter 8 Thinking in Portfolios 129

Part III When Rubber Meets the Road 153

Chapter 9 Avoiding the Single Point of Failure 155

Chapter 10 How to Quit 169

Chapter 11 The Super Upside Hypothesis 187

Notes 197

Acknowledgments 213

About the Author 217

Index 219
DANIEL SHIN UN KANG is a start-up founder who raised millions from investors including Y-Combinator. Previously, he was on the other side of the table as a venture capitalist at SoftBank Vision Fund, investing in tech companies and formally advising on boards. He studied finance at McGill University and policy at the University of Oxford.