11–20 of 20 posts
Ug. I'm going to defend them despite the easy ability to mock. Each industry has it's jargon of puff words to convey complex things. In my field of physics, for example, we'll often use a short-hand word to cover a very complicated idea, with the understanding that everyone should know what your talking about... and if they don't they should go learn more about it. Entanglement, emergence, wavefunction. The problem i…
I love that this article was written by Kevin Roose :). Had to do a double-take to make sure I wasn't reading an Onion knockoff. On a more serious note, this article highlights what is a big annoyance of the startup community. Namely that people are focused on building a startup for short term profit rather than (genuinely) trying to change the world in a big way. It's in some ways analogous to the short-term mindset…
I love that this article was written by Kevin Roose :). Had to do a double-take to make sure I wasn't reading an Onion knockoff. On a more serious note, this article highlights what is a big annoyance of the startup community. Namely that people are focused on building a startup for short term profit rather than (genuinely) trying to change the world in a big way. It's in some ways analogous to the short-term mindset…
Required posting of Startup Guys vid: http://www.youtube.com/watch?v=LMmdl4VltD4
I love that this article was written by Kevin Roose :). Had to do a double-take to make sure I wasn't reading an Onion knockoff. On a more serious note, this article highlights what is a big annoyance of the startup community. Namely that people are focused on building a startup for short term profit rather than (genuinely) trying to change the world in a big way. It's in some ways analogous to the short-term mindset…
People are following the money - it's VERY hard to find backing for a 'change the world in 20 years' kind of company, but relatively easy to find it for a 'make $40m in 5 years' type of company.
Ug. I'm going to defend them despite the easy ability to mock. Each industry has it's jargon of puff words to convey complex things. In my field of physics, for example, we'll often use a short-hand word to cover a very complicated idea, with the understanding that everyone should know what your talking about... and if they don't they should go learn more about it. Entanglement, emergence, wavefunction. The problem i…
Well, that's the plan anyway. Real-life will probably be a lot different.
Earlier quoted context omitted.
People are following the money - it's VERY hard to find backing for a 'change the world in 20 years' kind of company, but relatively easy to find it for a 'make $40m in 5 years' type of company.
I completely agree. I think people are following the path of least resistance to getting money, and this is the crux of what annoys me about the startup community. The goal is not transform an industry, at whatever cost, regardless of what anyone says, but get $40m as quickly as possible. Very few people have genuine convictions that they are hell bent on achieving, or at least it doesn't show.
After they are financially setup for life, more seem to gravitate towards the really big, risky, transformative ideas.
Not sure what the speaker meant but in my view that could mean upstaging these hollow throw-together startups with some sound engineering. No hype solutions to the same "problems" that "Just work better" (because they are designed better) and cost less.
I love that this article was written by Kevin Roose :). Had to do a double-take to make sure I wasn't reading an Onion knockoff. On a more serious note, this article highlights what is a big annoyance of the startup community. Namely that people are focused on building a startup for short term profit rather than (genuinely) trying to change the world in a big way. It's in some ways analogous to the short-term mindset…
The other side of it is that it's very hard to go out and change the world with your first project when you're unknown. Lots of famous entrepreneurs have had many failures and minor successes before being able to command the backing, respect and trust required for changing the world via business.