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Just fyi, every person you listed above founded the financial company that made them rich. So they are founders and did do a startup - just not a technology st
by ricaurte 16y ago
Just fyi, every person you listed above founded the financial company that made them rich. So they are founders and did do a startup - just not a technology startup.
- apsec112 16y agoHow are you defining "startup"? "Startup" for most people has technology connotations. To quote PG: "Startups are a comparatively new phenomenon. Fairchild Semiconductor is considered the first VC-backed startup, and they were founded in 1959, less than fifty years ago." Clearly, he's referring to tech startups specifically. If you consider any small company that becomes big a startup, then Rockefeller and Carnegie made their wealth in startups.
- yummyfajitas 16y agoI can't imagine describing either Renaissance (founded by Simon) or DE Shaw as anything but tech companies. They use technology as a competitive advantage in investments, much like Amazon uses technology as it's competitive advantage in retail.