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> It always was a way to easy money Tell me again how Amazon, Microsoft, Google, Apple and Facebook were "easy money" The devil personified in here, Mark Zuck
by GDC7 5y ago
> It always was a way to easy money
Tell me again how Amazon, Microsoft, Google, Apple and Facebook were "easy money"
The devil personified in here, Mark Zuckerberg turned down the most "easy money" ever. 1 billion in cash for a couple years old company with an unproven business model, very few paying customers and no moat to speak of.
You gotta choose one, if extreme luck is involved in the process then it's not "easy" because it could have gone the other way as well, and the protagonists knew it too, but still decided to step into the arena.
We all know what happened to Digital Equipment which was the "easy money" company for the longest time.
Kodak? What happened to that "easy money printing machine"
Xerox anyone?
The reality is that you either die as a hero or live long enough to become the villan.
So now the villans are Bezos, Gates and Zuckerberg. Jobs and Allen died so they are the dear heroes who we miss and things would be much better if they were here today.
Musk is the hero charging on his white horse right now, but unless he OD's on that pure cartel coke he snorts or blows up together with one of his rockets , I expect the tide to turn against him violently and suddenly.
Then it's the turn of the crypto guys such as Brian Armstrong and Vitalik to have their moment of glory, and on and on and on.
- whatshisface 5y agoJust like informed people knew about why Gates was bad while he was still CEO of Microsoft, we all know most of the shenanigans that Musk is up to and it seems like that's already been folded in to his image.
- cool_dude85 5y ago>You gotta choose one, if extreme luck is involved in the process then it's not "easy" because it could have gone the other way as well, and the protagonists knew it too, but still decided to step into the arena. No, you can make very easy money playing the lotto. All you have to do is give the gas station guy $2 and you're a billionaire. Just because you're the one who got lucky doesn't mean it's hard work or anything.
- GDC7 5y agoThe hard work is concentrated in the process of betting your life on a very unprobable outcome
- cool_dude85 5y agoBetting your life? Zuckerberg was at Harvard and I assume has well-off parents. FB could have been a total dud and I'm sure he would have done fine.
- solveit 5y agoYou got me curious, so from Wikipedia: > Mark Elliot Zuckerberg was born in White Plains, New York, on May 14, 1984,[9] the son of psychiatrist Karen (née Kempner) and dentist Edward Zuckerberg.[10] He and his three sisters (Arielle, businesswoman Randi, and writer Donna) were raised in a Reform Jewish household[11][12] in Dobbs Ferry, New York.[13] His great-grandparents were Austrian, German, and Polish Jews. Sounds like the typical HN contributor to be honest. Anyway, I agree with your stated point that children of rich people are "merely" risking a few years of hard work and an opportunity cost of a few hundred thousand dollars when they found companies, and disagree with the possibly unintended insinuations that children of rich people can't work hard because they have a safety net, that facebook was an easy success, etc etc.
- beckman466 5y ago> I disagree with the possibly unintended insinuations that children of rich people can't work hard because they have a safety net, that facebook was an easy success, etc etc. did you really just try to defend the children of billionaires?