Entirely and obviously self serving in that not only is this probably the only 'business' world that Paul has been exposed to (he started a tech company) but Paul also benefits (as do VC's and angel investors) from the entire eco system of young people taking chances with a small chance of success. The investor (and YC) wins with lots of people trying regardless of how many fail.
And note that the chances of founders and companies that have passed and been anointed with money is below (how much? I don't know) companies that haven't even made it to that round (to be potentially winnowed out). And have spent time and perhaps family money.
Will point out that I benefit from all of this (let's call it 'pick axe' for short) but I would or could never with a straight face and conscience write or give the same advice to kids in high school. Shoot for the moon? Risky. Sure if you have family money to fall back on possibly take the chance.
Especially and in particular 'how to start google' (meaning something with huge potential).
Oh yeah back in olden times I started a company right out of college and did pretty well and sold it (with ZERO investor money).
Lastly the joke that existed back and forever was someone saying 'find a good lawyer' as if doing so is a matter of knowing you had to do it not the specifics of how to do it.
And note that the chances of founders and companies that have passed and been anointed with money is below (how much? I don't know) companies that haven't even made it to that round (to be potentially winnowed out). And have spent time and perhaps family money.
Will point out that I benefit from all of this (let's call it 'pick axe' for short) but I would or could never with a straight face and conscience write or give the same advice to kids in high school. Shoot for the moon? Risky. Sure if you have family money to fall back on possibly take the chance.
Especially and in particular 'how to start google' (meaning something with huge potential).
Oh yeah back in olden times I started a company right out of college and did pretty well and sold it (with ZERO investor money).
Lastly the joke that existed back and forever was someone saying 'find a good lawyer' as if doing so is a matter of knowing you had to do it not the specifics of how to do it.