How Universities Should Prepare Founders
31–40 of 333 posts
Re: How Universities Should Prepare Founders
#32> How inspiring founders are to students is a function roughly of how rich and famous they are divided by how much older they are than the students. I'm not fond of this kind of math metaphor. "roughly" is doing a lot of work here. He's saying that richer founders are more inspirational than poorer founders and younger founders are more inspirational than older founders. But when you put it that way, it's so obvious…
Re: How Universities Should Prepare Founders
#33(Disclosure: I'm getting a PhD in CS now) > The hard part of startups is product: knowing what to build, and being able to build it Funny enough, this is why I think a PhD is undervalued by many. You spend years focused on a single area, sometimes pivoting topics, and getting hands on experience with operating solo on the outskirts of a particular field. The overall point of the degree is you learn how to learn. The…
no, the opportunity cost is too great for this field, for people that saw the light in just undergrad or wound up building software for other people without an undergrad CS degree
Re: How Universities Should Prepare Founders
#34Earlier quoted context omitted.
While I agree the comment will rub the startup groupies the wrong way, I don't really think the question itself is unsubstantial, especially in comparison to the post, as the post does not address the question. And I elaborated in response to a comment to it.
I'm not concerned with "groupies", but with the quality standard on HN, which the GP post was obviously below.
It's telling that I see far worse HN comments on a daily basis that don't warrant a finger-wagging condemnation from you.
Re: How Universities Should Prepare Founders
#35> How inspiring founders are to students is a function roughly of how rich and famous they are divided by how much older they are than the students. I'm not fond of this kind of math metaphor. "roughly" is doing a lot of work here. He's saying that richer founders are more inspirational than poorer founders and younger founders are more inspirational than older founders. But when you put it that way, it's so obvious…
seems like you understood the general purpose of the equation... no need to over analyze it. Roughly does all the work it needs to.
And, of course, I should say that this is just how it struck me. Other people may not care and that's fine too.
Re: How Universities Should Prepare Founders
#36"For Zuckerberg, the school’s major selling point was its Latin program. The current computer science concentrator originally intended to study classics at Harvard."[0]
There's a book called Founders at Work by one J. Livingston. I'd suggest replacing Zuckerberg with an incredible founder who was interviewed in that book, Steve Perlman.
Livingston: Were you an engineering major ?
Perlman: No, I have a liberal arts background. My engineering background is as a hobbyist. ... I designed a software-based modem when I was in college and I got an F for it because the professor said it would never work. But I got it working at my first company. I sent him an email later on and said, "This email is being sent to you on the modem that I designed at Columbia."
[0] https://www.thecrimson.com/article/2004/6/10/mark-e-zuckerbe...Re: How Universities Should Prepare Founders
#37Universities were initially built to further the knowledge of specific fields, for the sake of its own advancement, producing philosophers, artists and scientists.
In other words, universities are for people to learn for the sake of learning, not to earn a wage. New institutions should be built to cultivate founders and entrepreneurs. Career development centers, maker spaces, co-working spaces, these are the places to build the entrepreneurial spirit.
Re: How Universities Should Prepare Founders
#38It grossly blurs the distinction between those who put in personal blood, sweat, tears, and money into starting a business versus those who make a few slides so they can use other people’s money to hire others to do all the work and come up with all the ideas.
Re: How Universities Should Prepare Founders
#39This is in theory. In practice, a worse product with more money and louder marketing easily wins against a better product nobody knows about. I'm sure Paul perfectly understands it.
There are other idealizations I won't comment on, but the whole piece reads like an attempt to nurture an application pipeline for YC rather than the genuine writing I liked in earlier Paul's essays.
Here is an alternative point of view: get your degree and work for a few years. Then go back to university to learn business basics (finance, marketing, management). Start a company in your late 30s, when you know your subject area well and you have an idea how to steer finance/marketing (marketing is much harder that it might seem). Bootstrap or take as little investment as possible until you get PMF. Then scale up without giving away (much) equity.
It worked well for me. It can surely work well for others.
Re: How Universities Should Prepare Founders
#40I hate the term “founder”. It grossly blurs the distinction between those who put in personal blood, sweat, tears, and money into starting a business versus those who make a few slides so they can use other people’s money to hire others to do all the work and come up with all the ideas.
Sounds like a complete nonsense, yet here we are.