“Most people seek job security, job satisfaction and power... If all the great managers in the world were dead set on becoming rich, and willing to take the necessary risks to do so, there would be little hope for the likes of you and me.” https://www.amazon.com/dp/B0017SUYY6/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 …
Here’s what isn’t well-understood: if you just want to get rich, don’t take venture capital. Venture odds are terrible; bootstrapping is lucrative - and easier. But if your hobby is work and you want to work with the most ambitious people in the world, venture is phenomenal.https://twitter.com/zackkanter/status/1195501124163227648 …
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Took me a while to get the idea that the VC-backed model maps to ambition, not wealth Just needed more examples. The VC ones are so public that it can be easy to forget sometimes
End of conversation
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You’re probably right in a lot of cases. I wonder what the value of having someone like
@pmarca advise you is... maybe it doesn’t make a difference, but there’s a lot of cash floating all over the world, but SFO has been consistently generating world beating companies
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It's not well understood because it's not true
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