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World's two richest men from Seattle tech companies. I hope some of this money translates to venture capital. Number of successful startups in Seattle pale in c
by nojvek 10y ago
World's two richest men from Seattle tech companies. I hope some of this money translates to venture capital. Number of successful startups in Seattle pale in comparison to SV
- gitah 10y agoThey're also neighbors who live in the same neighborhood: https://en.wikipedia.org/wiki/Medina,_Washington https://en.wikipedia.org/wiki/Medina,_Washington You can kinda see both of their mansions (covered by privacy hedges) when driving across the SR-520.
- nojvek 10y agoThat's just nuts. Should have bought a property in Medina back in the day. Would have seen great appreciation by today.
- nshelly 10y agoFounders choosing to live outside the biggest metro areas (e.g. NYC, SF Bay Area, LA) are often more "control-motivated" as opposed to "wealth-motivated" [1], and thus bootstrap their companies longer while keeping more equity. Google, Apple, Facebook, Netflix, etc took more rounds of financing. If you go one step further, in small businesses in rural areas the founders have almost 100% equity. [1] N. Wasserman. The Founder's Dilemmas. 2012.