A relatively small amount of force applied at just the right place
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Re: A relatively small amount of force applied at just the right place
#2[deleted]
Re: A relatively small amount of force applied at just the right place
#3It sounds good. But it kind of reminds me of High School Football or Basketball Players (choose a high paying professional sport). Who bank their whole future on focusing on one thing that is Super-Low-Percentage-Of-Success-High-Paying-Job.
How many football players skip their education, and then DON'T make it? Where do they end up.
Now, think Joe Blow Computer Science Major, is NOT going to be a Millionaire, but a decade later when they are applying for some middle tier IT Job, they will damn well need to show a degree..
Re: A relatively small amount of force applied at just the right place
#4Kind of wish hackernews would screen newly registered domain names and tell people to post again when their domain is over 30 days old...
Re: A relatively small amount of force applied at just the right place
#5I want to start a company, but will not. The main reason why the existence of YC does not change this is because I know my idea, even if I go all in, does not promise explosive growth on par with Airbnbs of this world, and therefore is not attractive to investment. It does have the potential to eventually become a lifestyle business, though, which would be good enough for me. Unfortunately, I guess it will have to wait until I have some more spare time (ah, the age old excuse).
Re: A relatively small amount of force applied at just the right place
#6I want to start a company, but will not. The main reason why the existence of YC does not change this is because I know my idea, even if I go all in, does not promise explosive growth on par with Airbnbs of this world, and therefore is not attractive to investment. It does have the potential to eventually become a lifestyle business, though, which would be good enough for me. Unfortunately, I guess it will have to wa…
VC money is essential for certain, specific sorts of businesses. If what you have in mind is not one of that type, then I argue VC money is something you want to actively avoid. That's not to say you should avoid investors -- there is a dizzying array of different kinds of investors outside of venture capital.
> Unfortunately, I guess it will have to wait until I have some more spare time (ah, the age old excuse).
In my experience, such a time will never arrive. You need to consciously prioritize starting a business (although that doesn't mean you can't hold down a day job at the very start).
How does the old saying go? The best time to plant a tree was 20 years ago. The next best time is now.
Re: A relatively small amount of force applied at just the right place
#7> If Bell Labs’ scientists invented the transistor, the laser, Unix, information theory, etc, then YC’s “economic research scientists” invented OpenAI, Stripe, AirBnB, Instacart, Doordash, Dropbox, Reddit, and many more.
Interesting, comparing core scientific research and output by Bell Labs to just techi-ifying existing industries and not really adding much new value (other than OpenAI).
Re: A relatively small amount of force applied at just the right place
#8It sounds good. But it kind of reminds me of High School Football or Basketball Players (choose a high paying professional sport). Who bank their whole future on focusing on one thing that is Super-Low-Percentage-Of-Success-High-Paying-Job. How many football players skip their education, and then DON'T make it? Where do they end up. Now, think Joe Blow Computer Science Major, is NOT going to be a Millionaire, but a d…
There are often posts on here showing that it is better to spend say 10 or even 5 years doing 35-40 hour weeks at a FAANG where your total comp will end up being $2-5,000,000 over that time, than risk it at a startup working 80+ hour weeks for a chance at the big time but ultimately leave with nothing apart from exhaustion and an unheard-of failed startup on your resume.
I think there is a lot of truth in that.
And yeah I went to school with a bunch of kids who had semi-success as a teenager at sports or music, only to then not make it big when they needed to at 16 or 17 etc. Perhaps they all ended up at successful unicorns or are L7-FAANGs, but I doubt it
Re: A relatively small amount of force applied at just the right place
#9Please don’t equate DoorDash and Stripe with the laser and transistor.
Re: A relatively small amount of force applied at just the right place
#10I want to start a company, but will not. The main reason why the existence of YC does not change this is because I know my idea, even if I go all in, does not promise explosive growth on par with Airbnbs of this world, and therefore is not attractive to investment. It does have the potential to eventually become a lifestyle business, though, which would be good enough for me. Unfortunately, I guess it will have to wa…
Why do you need investment? If you can build it on your own and there is a real niche with people willing to pay money for what you build then you can make a lot of money as an individual.