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This is pretty accurate. When I went through that essay (by PG), I got the similar idea. The essay read to me like, "Oh, you are white guy, your parents are we
by going_ham 5y ago
This is pretty accurate. When I went through that essay (by PG), I got the similar idea.
The essay read to me like, "Oh, you are white guy, your parents are well off, you must have been studying in some tier 1 school, why not risk 1/2 yrs of your life to start a company, while you are in college. Chances are you may get some money from us too! You should try a lot. Infact the more you try, the better we earn."
edit:
What PG misses is worldwide perspective. Everything in his essay is limited to Silicon Valley and the social circle around it. Some people from east may have connections with the valley, and that can benefit them.
He even goes to mention, startup succeed because of social factor. There is a very small chance that people in US would trust a revolutionary product built outside. So unless the product is able to bootstrap itself in the home country, the chances are slim. And not every part of the world is as fortunate as SV folks and have startup culture.
You may say, why not move to one with good culture. My answer, "Goodluck getting out of third world country."
- yoz-y 5y agoYou don’t even need to go to the third world. SV culture is something quite unique where you can get funding for any stupid idea and run with it. In France for example the idea of a “risk capital” is that if you don’t have a solid plan on how to be profitable in 2-3 years you can forget about it. Also the funding itself is orders of magnitude below SV VCs.
- janeroe 5y ago>> There is a very small chance that people in US would trust a revolutionary product built outside. Maybe it's not that revolutionary after all?
- going_ham 5y ago"Revolutionary" is a extreme word. I wanted to convey, "any better/slightly better product either in cost or performance."