The MIT Blackjack Team, made famous by the book 'Bringing Down the
House' and the movie '21,' learned important lessons about running a
business when they were beating casinos in the '80s and '90s. Key
members of the team went on to start influential tech companies like
SolidWorks and Stanza and invest in startups. Why did they do that
instead of becoming, say, hedge fund managers?
MIT entrepreneurship
leader Bill Aulet moderated a team reunion panel in Boston, and he writes that the themes that carry over from
blackjack to startups include staying disciplined, playing for the long
term, and not taking unnecessary risks. And, of course, disrupting the
powers that be.
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