3 ms·
Two things: 1) the loose definition of Ponzi Scheme he's applying here seems so broad as to be meaningless. Multiple banks offering you lines of credit you ca
by im_down_w_otp 10y ago
Two things:
1) the loose definition of Ponzi Scheme he's applying here seems so broad as to be meaningless. Multiple banks offering you lines of credit you can't pay back would be Ponzi Schemes too with his characterization.
2) the stuff about what makes great founders reads like post-hoc projection of his own life experience onto rationalizations for his success. In other words, bias. Given almost half of Silicon Valley founders apparently don't come from "dysfunctional" upbringings. A veritable coin toss doesn't make a compelling case.
- HillaryBriss 10y agoWhat percentage of families in society overall are dysfunctional?
- danielvf 10y agoYou've got the right question to see if this datapoint matters at all. I don't know the answer unfortunitly, so I'll answer a much easier question instead: Only 46% of US children are in a family with two married parents.
- HillaryBriss 10y agoyeah, i mean, what is Steve Blank really talking about when he says 'dysfunctional'? which definition of that word do we even use?
- danielvf 10y agoSelf reported. I think he's referring to this article he wrote in 2009: https://steveblank.com/2009/05/18/founders-and-dysfunctional-families/ https://steveblank.com/2009/05/18/founders-and-dysfunctional... Though I don't think you have have to come from a dysfunctional family to handle choas well. Working in theater will teach you that just as well. :)
- intopieces 10y ago>Only 46% of US children are in a family with two married parents. Care to cite your source on this? The number appears to come from the Pew Research report from 2014[0]. If so, you've severely misconstrued their findings. From the report: "Fewer than half (46%) of U.S. kids younger than 18 years of age are living in a home with two married heterosexual parents in their first marriage." That's a whole lot different from "in a family with two married parents." [0]http://www.pewresearch.org/fact-tank/2014/12/22/less-than-half-of-u-s-kids-today-live-in-a-traditional-family/ http://www.pewresearch.org/fact-tank/2014/12/22/less-than-ha...