Being rich helps because you can spend 10 years not making money trying to start something. People way overestimate how much contacts help. We've had meeting

Being rich helps because you can spend 10 years not making money trying to start something. People way overestimate how much contacts help. We've had meeting with all types of influential people in our industry who were friends or relatives of a founder and they just haven't been that helpful. Our most valuable contacts are people we met along the way, because they really believe in the product. And that means so much more than oh your the son of an ex coworker and you have a startup you want to tell me about during lunch.