In Chapter 16 of 18 in his 2011 Capture Your Flag interview, Internet entrepreneur Anatole Faykin answers "Why is Learning by Doing So Important When Starting a Company?" Faykin notes it is about the uncertainty and the necessary hands on experiences that teach an entrepreneur the rules of the game. Its an adventure, learning new things daily and iterating based on market and customer feedback and signaling nearly as often. Faykin is the founder of Tuanpin, a Shanghai-based daily deals site he grew to 25 employees and sold in the fall of 2011. Previously, he worked for British Telecom in London, Intel in Shanghai, American Express in New York, and Oracle in San Francisco as well as several startup ventures. He holds an MBA from the NYU Stern School of Business and a BS in computer science and biology from the California Institute of Technology.