71–80 of 82 posts
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Do you think that anyone who runs a large software company is a turd?
What an odd question. I imagine some of them are very nice people, but I would have no way to know.
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Generally I think of entrepreneurs as wanting to create a growth business with sustainable competitive advantage, which in turn creates great wealth for customers, employees, and investors. The alternative is starting a lifestyle business. This is fine, but not a source of great wealth beyond your family. It's more aptly described by "small business owner" or "self-employed". Either angle can shape the person you bec…
This is a "no true Scotsman" argument about the nature of entepreneurship. Entrepreneurs are people who start businesses, which is a much wider category than what you seem to have in mind.
"Larry was loathe to sell any of the company stock; he generally took a dim view of VCs and preferred to bootstrap" Which is why 37 years after its founding, and after 28 years as a public company, he still owns 25% of the company (per Bloomberg). All the more remarkable considering Oracle is worth $173 billion.
Kind of old-fashioned, don't you think? All that hard work and patience, building a solid product that people actually need. Much easier to win the VC/exit lottery with a Cat-Pictures-as-a-Service product. On a side note, boy, I'm at a loss to come up with a reason for someone to down vote you. Factual statement, complete with a reference to where you got your information, and some little shit who doesn't like facts…
Wait till le derpina hears about this one!
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Notch isn't an entrepreneur, he's said so himself. He has no interest in creating or running companies. He's the success story of a brilliant founder that hands off his work to a parent (Microsoft) to do the dirty work.
> He's the success story of a brilliant founder that hands off his work to a parent (Microsoft) to do the dirty work. All Minecraft versions combined have sold over 50 million copies, and the product is on the decline (since people only buy it once). So what "dirty work" did he hand it off for Microsoft to do?
He wasnt ever interested in the business side. That makes him much more of an inventor than an entrepreneur.
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Notch isn't an entrepreneur, he's said so himself. He has no interest in creating or running companies. He's the success story of a brilliant founder that hands off his work to a parent (Microsoft) to do the dirty work.
You're simply presenting a "No True Scotsman" fallacy. Notch created his own company, ran it, and made a billion in selling it. If that's not an entrepreneur, most of HN is going to need to change their business cards.
"Larry was loathe to sell any of the company stock; he generally took a dim view of VCs and preferred to bootstrap" Which is why 37 years after its founding, and after 28 years as a public company, he still owns 25% of the company (per Bloomberg). All the more remarkable considering Oracle is worth $173 billion.
I've no idea why you've been downvoted. The numbers you point out seem to be accurate and not taking external investment does indeed leave you with more equity (as does sticking with the public company and the associated stock awards). I believe Microsoft was another company that didn't take much (if any) external investment. It's worth pointing out that VC as an industry may not have been very mature around the time…
I believe my HN account got slapped with an automatic down rating adjustment quite a long time ago (that applies to anything I post here, automatically lowering my comment positioning).
For example, when I posted my comment initially, it was instantly ranked below a gray-shaded 'negative value' comment from a user with a lower karma rating than myself.
Anything I post on HN automatically starts at the bottom of the pile. I suspect if you could check my account it has a flag set on it.
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You're simply presenting a "No True Scotsman" fallacy. Notch created his own company, ran it, and made a billion in selling it. If that's not an entrepreneur, most of HN is going to need to change their business cards.
The "no true scotsman" fallacy is not a true fallacy.
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Why don't you make at least a token attempt to research and prove such a strong claim? Most of their open source was acquired, not generated internally, and is demonstrably less active than it was before it became Oracle. Examples include everything from Sun or MySQL. Oracle has probably done more harm to open source than any other company including Microsoft.
Oracle is a better steward of these projects than a bankrupt Sun would have been. Besides , Oracle has been an active contributor to Linux for years.
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I find it actually pretty ironic that Larry is so derided here. It seems to come out more due to jealousy (also see: Google, Apple, Facebook, Craigslist now that also have lots of money) than anything else.
Attribution of motive in lieu of an argument? Really?
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No it isn't. If people keep throwing around these kind of assertions, these very serious psych diagnoses will lose all specificity and become useless.
Isn't there an important distinction between a sociopath and psychopath? (or perhaps you are asserting that the generous use of xxxxx-path cheapens the gravity of the situation for those suffering from mental illnesses)