PG: "Since all of the money is in a few big hits, we own about 3% of [the $30 billion portfolio]. I haven't done the math on how much that is."
Interviewer: "One billion dollars."
PG: "Well, $900 million."
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PG: "Since all of the money is in a few big hits, we own about 3% of [the $30 billion portfolio]. I haven't done the math on how much that is."
Interviewer: "One billion dollars."
PG: "Well, $900 million."
I was really touched that PG's greatest regret was something related to his family, and not YC or his larger professional career. As young founders we tend to forget (or are expected to anyways) where our real long term priorities should be, and I hope PG's own regret reminds us to think about it from time to time.
PGs biggest regret has to do with not with business or entrepreneurship, but that he wishes that he had told his parent(s) to have more frequent colon cancer screenings.
Jessica's biggest regret was squandering her time in college, not learning as much as she wishes she had.
An exchange, picked mostly because it made me smile. PG: "Since all of the money is in a few big hits, we own about 3% of [the $30 billion portfolio]. I haven't done the math on how much that is." Interviewer: "One billion dollars." PG: "Well, $900 million."
I smiled too, because of the latter.
Really curious what Boosted Boards' 'bigger ambitions than making skateboards' are! A friend has one of their Kickstarter boards and it's unreal.
They are solving the last mile problem in public transportation. That's a very large market.
The folks that could really benefit from a solution are the elderly, physically disabled and young kids. For the life of me, I would find it difficult to see the majority of these folks riding a skateboard.
An exchange, picked mostly because it made me smile. PG: "Since all of the money is in a few big hits, we own about 3% of [the $30 billion portfolio]. I haven't done the math on how much that is." Interviewer: "One billion dollars." PG: "Well, $900 million."
Made you smile because you think he actually had already done the math? Or because he did it fast right there and corrected her? I smiled too, because of the latter.
[+] A totally reasonable sentiment, which makes me smile in about three different ways. Once for not caring about money, once for having the luxury to not care about money because $900 million, and once for that happening to very deserving people.
It looks like the interview parts were mixed up in the editing. To watch the interview in chronological order start at 13:44, watch till the end and then start from the beginning.
Earlier quoted context omitted.
They are solving the last mile problem in public transportation. That's a very large market.
Hmm..classifying a motorised skateboard as a possible solution to public transportation's last mile problem is a far stretch. The folks that could really benefit from a solution are the elderly, physically disabled and young kids. For the life of me, I would find it difficult to see the majority of these folks riding a skateboard.
It's always amazing to me that good business people are so much more real in interviews than almost any other category of "celebrity". (The regrets question here or, say, Steve Jobs "hearts outside your bodies" comment.)