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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    1. Austen Allred‏Verified account @AustenAllred Sep 4

      Before I dropped out of college I started spending a lot of time with a handful of “startup people.” We talked a lot about starting companies and were all pretty terrible students. I’m now the only one who isn’t independently wealthy. Almost all were millionaires by 30.

      17 replies 19 retweets 290 likes
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      Austen Allred‏Verified account @AustenAllred Sep 4

      I think that’s interesting, but I think it’s symbolic of a new economy more than anything. 30 years ago there’s no way they would have all been founders or millionaires (normalized for inflation). It’s just easier to start a company today.

      8:34 PM - 4 Sep 2018
      • 1 Retweet
      • 36 Likes
      • Ryan Sapp Luca Yog Mehta Austin M. Craig Amrith Shanbhag Michael Frenkel Matt Chandler Gordon Brander Marvin Liao
      4 replies 1 retweet 36 likes
        1. Austen Allred‏Verified account @AustenAllred Sep 4

          Importantly, I don’t think any sane adult would have predicted that at the time. Generally speaking our parents and professors thought we were ne’er do wells

          1 reply 1 retweet 31 likes
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        1. Jeremy Hogg‏ @jhogg17 Sep 5
          Replying to @AustenAllred

          That frictionlessness is also cause for stratification, or at least a threat. Everything can go to it's conclusion so fast. Unless there is some argument that the lack of friction in the economy applies more so towards organization rather than entropy.

          0 replies 0 retweets 0 likes
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        1. Raunak Pednekar‏ @raunak_pednekar Sep 4
          Replying to @AustenAllred

          Isn't churn and dynamism *lower* today? Perhaps it's lower on average but fatter tailed? (Larger share of multimillion dollar companies)

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. robert‏ @Vdjsjkxhsbsjzh Sep 4
          Replying to @AustenAllred

          Completely agree. Easier now then ever. People need to believe (in themselves).

          1 reply 0 retweets 0 likes
        3. robert‏ @Vdjsjkxhsbsjzh Sep 4
          Replying to @Vdjsjkxhsbsjzh @AustenAllred

          *we need to believe in ourselves

          0 replies 0 retweets 0 likes
        4. End of conversation

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