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The amount of success she had because of being connected to Brin is absolutely wild. It's literally make-or-break for her success. And her sister, CEO of YouT
by mancerayder 3y ago
The amount of success she had because of being connected to Brin is absolutely wild. It's literally make-or-break for her success. And her sister, CEO of YouTube?
It's a cliché what we say about connections and success, etc. and so forth. But that WSJ article really hammered how in this case how absolutely tied to connections this company, and her wealth, were, and how luck plays a role. In a business idea people are saying should have been doomed.
People are discussing all sorts of details about the company's business strategy, what they should have done with all the data, whether that data is useless, what they might do with it now, whether they should be allowed to, etc. Someone pointed out the GSK investment which was interesting.
But to me all this is trumped by the human element - how having the right neighbor, or boyfriend, or sister's boyfriend, can propel you to the top with unimaginable wealth. Something worth thinking about as we are on a forum run by a startup network: Given what we have learned here how meritorious is success in Silicon Valley really?
- danielmarkbruce 3y agoBut she's failed. Zero success. And that failure is all over the wall street journal. The lesson is, no matter who your connections are your business will fail if it doesn't provide lots of value at a cost structure where it all adds up. Compare it to old Sergey - he was a know nobody 20 something nerd studying computer science. He co-created one of the most valuable businesses in the world.
- mancerayder 3y agoFair enough! The business failed. It's embarrassing, and so forth. Sure. And the employees of that business (and stock owners, which may include many of those employees) are not in a good place. But something tells me the sisters aren't going to be starving any time soon. I don't know her assets but I suspect even with a failed business there's a few million in real estate and savings set aside, even if her big ownership in the business is in the penny stock category. A position that many of us wouldn't mind.
- danielmarkbruce 3y agoSure, but the answer there is to marry a billionaire. And, I never met Susan who ran YouTube, but I have heard she's very capable.
- deleted 3y ago[deleted]