This reads like it was written by an LLM trained on self-help books. Is this the guy that a lot of HNers look up to?
Yes, sadly. If you read between the lines and take his advice more as "understanding the psychology of VCs" rather than as actual advice, his essays are very useful. He has long passed the phases of a manager's life where he has to be right - he is surrounded by yes men who tell him that he is right no matter what. Matt Levine, as usual, has a great take on the phases of life of a partner/founder of a hedge fund (whi…
How to Start Google
441–450 of 681 posts
Re: How to Start Google
#442What is the parallel advice for a 40 year old? I guess the programming and tinkering stuff still applies. But university cannot be redone. Sure I can study but I wont have any connection to most young people. I’ll be the old guy. And this assumes I can afford the loss of income. I assume a lot of start ups are started by older people too. I think for older people an advantage is to solve older people problems. Like h…
// Also being older I don’t care about making a unicorn You can use that term as a proxy for delivering large impact to the world. It's approximately the same thing. If you do something like "aged care" and "dealing with kids schools" in a way that helps millions of people, you'll end up a billionaire whether you want to or not. I don't use the term "unicorn" but I think keeping score in financial terms helps because…
Re: How to Start Google
#443What is the parallel advice for a 40 year old? I guess the programming and tinkering stuff still applies. But university cannot be redone. Sure I can study but I wont have any connection to most young people. I’ll be the old guy. And this assumes I can afford the loss of income. I assume a lot of start ups are started by older people too. I think for older people an advantage is to solve older people problems. Like h…
Re: How to Start Google
#4441. Get into Stanford just as Stanford is getting into the VC business. 2. Use Stanford bandwidth for your web crawler. 3. See how AltaVista does it; they're in downtown Palo Alto. 4. Get 100K from the guy who founded Sun. 5. Move into the space above the bike shop in Palo Alto. (9 major startups began there.) 6. Get more funding from the guy who founded Amazon. 7. Sell search ads. 8. Profit!
Stanford was in the VC business long, long before. It's been told many times but Frank Terman set up much of the infrastructure to enable this back in the 1950s, building Stanford Research Park which housed Varian (microwaves and other RF), HP (some digital electronics stuff), and Lockheed (some bomb stuff). And that work built off the incredible investments into California infrastructure by the US military during WW…
Re: How to Start Google
#445Re: How to Start Google
#446What is the parallel advice for a 40 year old? I guess the programming and tinkering stuff still applies. But university cannot be redone. Sure I can study but I wont have any connection to most young people. I’ll be the old guy. And this assumes I can afford the loss of income. I assume a lot of start ups are started by older people too. I think for older people an advantage is to solve older people problems. Like h…
// Also being older I don’t care about making a unicorn You can use that term as a proxy for delivering large impact to the world. It's approximately the same thing. If you do something like "aged care" and "dealing with kids schools" in a way that helps millions of people, you'll end up a billionaire whether you want to or not. I don't use the term "unicorn" but I think keeping score in financial terms helps because…
If I have a business that impacts millions of people, then every hour I spend on it, would have huge influence, and if I don't spend the hours on increasing that percentage, I'm also letting down millions of people.
Re: How to Start Google
#447I am curious how this ethos of the 3 things you need and playfulness/not-intended-to-be-a-startup startups project is in enacted per batch. Like YC's now numerous sales operations/software companies in the past batches: 19-22 years are making email-based-crms for their friends? (I guess a batch and other batches are "friends" so goalposts shift and magically appear). The growth in sales saas companies out of YC seems…
As a VC (purchaser of startup) pg's main interest is in driving up supply of premoney startups in order to drive down price.
Re: How to Start Google
#448Totally insane. 99% or more of the people who enable Google to do what Google does are employees of Google. Same with every other company. The odds of being the founder of a successful company are probably worse than being a professional sportsball player (if only because they turn over more frequently). Does anything good come from encouraging kids to think that they will manage to sail through life as a successful…
The essay isn't called "How to optimize your likelihood of retiring comfortably" > You can't know whether it will turn into a company worth billions or one that goes out of business. So when I say I'm going to tell you how to start Google, I mean I'm going to tell you how to get to the point where you can start a company that has as much chance of being Google as Google had of being Google.
People seem to think that Google is some sort of existence proof that there's a non-zero chance (and perhaps even quite a good one) of starting a company with this level of success.
And they are correct.
However, this is not the same probability at all as the chance that your company will turn out like that.
Re: How to Start Google
#449Earlier quoted context omitted.
I think one should argue that starting a business is high risk, mediocre reward. Most businesses just kinda trudge along, not leaving with the fairy tale returns of FAANG. Those are unicorns for a reason. Most of the businesses I've worked for, some of the founders are still working there and while they are pretty well off, they either havent sold yet (no big payday) or they made a meager sale netting them a very goo…
It's expecting the high reward which is high risk. Creating a small business that can trudge along and pay you a modest salary is fairly common.
Re: How to Start Google
#450Earlier quoted context omitted.
Huh? Did we ask forget about the era of pop-up ads on the Internet?
That's what I mean, when Google became generally available they had none of that on their site. For quite a while at least before they joined the crowd.