Getting Rich By The Numbers, A CrunchBased How-To
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Getting Rich By The Numbers, A CrunchBased How-To
1–10 of 18 posts
Re: Getting Rich By The Numbers, A CrunchBased How-To
#2So, if you want to get covered in Techcrunch, start a consumer internet company. If you want to get rich, don't start a consumer internet company.
Re: Getting Rich By The Numbers, A CrunchBased How-To
#3(+) Past performance is no guarantee of future results.
Edit: to clarify, the intro paragraph is extremely misleading. This analysis looks back in time several years; he might as well tell you to start a social network or a search engine. It would be honest to say that it's simply an analysis of what has done well, but of course it would not be as sensationalistic.
Re: Getting Rich By The Numbers, A CrunchBased How-To
#4Reads like a TechCrunch advert.
Good thing this isn't Reddit else I'd have phrased that less politely.
Re: Getting Rich By The Numbers, A CrunchBased How-To
#5It sounds like there's supposed to be a table at the end, but it's not showing up for me.
The first question I have, without seeing the numbers, is: do the higher percentages of IPOs/acquisitions for more capital-intensive fields just mean that it's harder to start and fund a company in those area without a much more fleshed out idea?
Re: Getting Rich By The Numbers, A CrunchBased How-To
#6It sounds like there's supposed to be a table at the end, but it's not showing up for me. The first question I have, without seeing the numbers, is: do the higher percentages of IPOs/acquisitions for more capital-intensive fields just mean that it's harder to start and fund a company in those area without a much more fleshed out idea?
[deleted]
Re: Getting Rich By The Numbers, A CrunchBased How-To
#7It sounds like there's supposed to be a table at the end, but it's not showing up for me. The first question I have, without seeing the numbers, is: do the higher percentages of IPOs/acquisitions for more capital-intensive fields just mean that it's harder to start and fund a company in those area without a much more fleshed out idea?
Here you go: http://i.imgur.com/R7cZ5.png
Re: Getting Rich By The Numbers, A CrunchBased How-To
#8For all the kind of derision in the article, I don't feel anymore knowledgeable about startups, other than some vague thing about only worthwhile business being biotech or semiconductors.
I would say don't let this article be any real part of your decision making process, unless you're doing biotech, in which case I guess you can let it boost your confidence. :)
Re: Getting Rich By The Numbers, A CrunchBased How-To
#9Nassim Taleb makes a good argument in Fooled By Randomness that the best way to maximize the expected value of your net worth is to go into dentistry. But this isn't Dentist News...
Re: Getting Rich By The Numbers, A CrunchBased How-To
#10I will love the day that I can start a biotech company with a laptop and an internet connection.