5 ms·

And this : "Prior experience in the specific industry predicts much greater rates of entrepreneurial success"

• jeffreyrogers 5y ago
  Makes sense that the high profile founders that started companies when young were largely inventing new industries from scratch. I'm actually struggling to think of a case where that's not true. Stripe kind of fits, but that's arguable.
  • beckingz 5y ago
    All the examples I can think of didn't actually start a new industry. They did get in early on a new industry, but they didn't start it even if they ended up defining it.
  • pessimizer 5y ago
    Facebook and Google were latecomers. Facebook just executed better than Friendster and Myspace, and Google had their link-counting gimmick.
    • denton-scratch 5y ago
      > Google had their link-counting gimmick In the early years, Google was a breath of fresh air; their product (search engine) was miles better than the competition, it looked better, and it wasn't encumbered with ads. That was no gimmick. It's sad, what things have come to.