'Britain's Bill Gates' - Mike Lynch's tips for building a business
Inside the life of brilliant and eccentric Mike Lynch - The James Bond obsessive who became Britain's Bill Gates and took on the US legal system
As a mathematician whose particular expertise was probability, Mike Lynch prided himself on defying the odds.
The nerdy multi-millionaire entrepreneur – dubbed 'Britain's Bill Gates' – even named his superyacht after the 'Bayesian' statistical theory on which he built his software fame and fortune.
He boasted that he created a software empire by ignoring conventional business wisdom – and in June he defied conventional legal wisdom that says you can't beat US federal prosecutors when he was acquitted on all counts in one of Silicon Valley's biggest-ever fraud trials.
Yet surely even Lynch might have discounted the odds, just two months after being spared spending the rest of his life in a US prison, of dying when a freak Mediterranean 'tornado' sank his yacht.
The 184ft Bayesian, named after the 18th century English clergyman and statistician Thomas Bayes, sank off the Sicily coast.
https://www.dailymail.co.uk/news/article-13759289/Inside-life-brilliant-eccentric-Mike-Lynch.html
As a mathematician whose particular expertise was probability, Mike Lynch prided himself on defying the odds.
The nerdy multi-millionaire entrepreneur – dubbed 'Britain's Bill Gates' – even named his superyacht after the 'Bayesian' statistical theory on which he built his software fame and fortune.
He boasted that he created a software empire by ignoring conventional business wisdom – and in June he defied conventional legal wisdom that says you can't beat US federal prosecutors when he was acquitted on all counts in one of Silicon Valley's biggest-ever fraud trials.
Yet surely even Lynch might have discounted the odds, just two months after being spared spending the rest of his life in a US prison, of dying when a freak Mediterranean 'tornado' sank his yacht.
The 184ft Bayesian, named after the 18th century English clergyman and statistician Thomas Bayes, sank off the Sicily coast.
https://www.dailymail.co.uk/news/article-13759289/Inside-life-brilliant-eccentric-Mike-Lynch.html
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NewsTranscript
00:00And the issue here is not minimising risk, it's risk for return.
00:06So be very, very careful of the modern corporate culture which is all about over-analysis.
00:13Sometimes you have to have a leap of faith.
00:16And one little trick I've found is separate the two.
00:20Have ten minutes of your meeting which is about why this idea will work.
00:27What's the upside here?