The Most Memorable Quotes (I Could Capture) From Startup School 2012

jasonshen, you misspelled at least 4 of the names of the people you covered. I wouldn't have said anything if it was just one or two (everyone makes mistakes), but 4 (at least) is kind of excessive.

Edit: in fear of downvotes for calling jason out on such a detail: I think getting people's names right is important; it shows attention to detail and respect for the people you're naming. (It's also a pet peeve of mine, but that's irrelevant). So my comment is meant to be constructive criticism. BTW, the names that are misspelled (that I know of) are:

Kalanik -> Kalanick; Collision -> Collison; Andressen -> Andreessen; Preston Warner -> Preston-Werner

(I didn't write them before because I was on my phone and it was time-consuming to do)

Re: The Most Memorable Quotes (I Could Capture) From Startup School 2012

#7

Post by mehulkar » Mon, Oct 22, 2012, 8:59 PM UTC

jasonshen wrote: post #5

mehulkar wrote: post #4

You missed the most important one by jl :p http://www.teespring.com/fundraising

True. Everyone laughed at that one. How are sales? =)

haha, looks like 5 people reserved it so far. No one gets anything if 100 people haven't reserved one in 21 days though :)

Re: The Most Memorable Quotes (I Could Capture) From Startup School 2012

#8

Post by jasonshen » Mon, Oct 22, 2012, 9:00 PM UTC

ipince wrote: post #6

jasonshen, you misspelled at least 4 of the names of the people you covered. I wouldn't have said anything if it was just one or two (everyone makes mistakes), but 4 (at least) is kind of excessive. Edit: in fear of downvotes for calling jason out on such a detail: I think getting people's names right is important; it shows attention to detail and respect for the people you're naming. (It's also a pet peeve of mine,…

Woops, thanks! Meant to go back and fix those at the end but forgot. Fixed Travis Kalanick and Tom Preston Werner but didn't see any other typos - which were they?

edit: got the rest, thanks! You might have to hard refresh to see the changes.

Re: The Most Memorable Quotes (I Could Capture) From Startup School 2012

#9

Post by joshmlewis » Mon, Oct 22, 2012, 9:46 PM UTC

Technology companies follow an extreme power law curve.

Of all tech companies started in the US in any one year, around 15 ever generate $100M in annual revenue.

Those 15 companies are ultimately be responsible for 97% of the market cap for all companies started that year. 15 companies! That’s way harder than making the NBA in any given year – most of you would never attempt such a difficult thing. And yet here you are.

---

Wow.

Edit: I mean you hear a lot about it's near impossible to have a super profitable startup and that most fail, but when you say 15 only ever generate 100mm in revenue, that puts a new perspective on it. For me anyway.

Re: The Most Memorable Quotes (I Could Capture) From Startup School 2012

#10

Post by wilfra » Mon, Oct 22, 2012, 9:54 PM UTC

"The greatest thing about being rich is that you don’t have to do business with people you like.’”"

That was 'people you don't like' :)