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View Diary: No, Silicon Valley, you do not get a pass (98 comments)

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  •  Started 3 companies (0+ / 0-)

    The most important way to protect the environment is not to have more than one child.

    by nextstep on Tue Apr 01, 2014 at 10:33:02 AM PDT

    [ Parent ]

    •  all succeeded? (0+ / 0-)

      And by succeeded I mean earned back the opportunity cost?

      With you working, say, 50 hours a week with a relatively normal family life, and with above-average but not 1% ability and connections?

      Because if your advice only works for the top 1%, or people who can rely on bank of mom-and-dad, it's useless.

      •  A mix of results (0+ / 0-)

        One business did exceptionally well by any reasonable measure.  

        One business completely failed.

        One business is in play right now, too soon to tell if it succeeds, just started shipping first product in Q4 2013.

        Technical, sales and marketing skills is far more important than "connections."  These skills give you the ability to make the connections you need.  

        Initially no connections, education at Stanford and Harvard.  After school had student loans little cash and a cheap car. Over the years developed connections but never through the schools. By having demonstrated expertise in a field companies were highly interested in and with good presentation skills I would routinely get in front of decision makers in companies in the US, Europe and Asia.

        The most important way to protect the environment is not to have more than one child.

        by nextstep on Tue Apr 01, 2014 at 11:08:12 AM PDT

        [ Parent ]

        •  ok, so step back from yourself and look at that (0+ / 0-)

          and remember that you were giving general advice (which is why I listed the conditions.)

          Stanford/Harvard puts you in 1% education. (Yes, it's more complicated than that, but I'm simplifying.)

          It's one thing to show that a startup w/o capital is possible (I don't think anyone would disagree.)

          •  whoops, didn't mean to post (0+ / 0-)

            But I'll finish.

            Not to take away from your accomplishments, but there's a big difference between saying something is possible (for 1-5%), and giving it as general advice, even for the top 40% (which is what you seemed to be doing).

            •  Companies can be of different sizes and (0+ / 0-)

              there are many opportunities for early employees in startups if those employees join early stage companies that have shipping product with good customer acceptance.  While these situations don't have as great an upside as for the founders, they have much lower risk and don't require as high a level of talent and drive to join.

              Even in the case of the business I had that failed, the technical and marketing employees developed expertise in a new field and received excellent offers at other companies interested in the new field.

              The most important way to protect the environment is not to have more than one child.

              by nextstep on Tue Apr 01, 2014 at 11:33:20 AM PDT

              [ Parent ]

              •  Recent studies indicate that Capital (2+ / 0-)
                Recommended by:
                llywrch, The Termite

                specifically Venture Capital, will not talk to anyone who is over 35, doesn't have a specific academic pedigree, and fall out of their gender ratios.  

                Good ideas get delayed until they are no longer viable because funding can't easily be found.

                THERE IS NO MERITOCRACY

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