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I think people who tell themselves ‘if I make $X million, then I’ll stop working and do what I want’ never make that $X million. If that's the case, then why d
by GavinB 16y ago
I think people who tell themselves ‘if I make $X million, then I’ll stop working and do what I want’ never make that $X million.
If that's the case, then why do so many start-ups sell to bigger companies? Every month we hear about another one. The "swing for the fences" companies that go through to IPO (Facebook, Google) or massive acquisition (Youtube) are more and more rare.
The Angel's question is meaningless unless you also know how optimistic you are about the company's chances of growing enough to deserve a much better deal.
- dasil003 16y agoYeah, this guy worked at Goldman and believes that "rapacious greed" is necessary for success. Well, I don't doubt that's true in the financial world. But in the wider world there are more types of motivations. As an investor, it's reasonable to favor greed, but it's silly to think that money is the only thing that puts fire in a person's belly. Consider Stallman and Torvalds for instance... I'd argue they've added more value to the world than any partner at Goldman ever has.