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Those people weren’t handed that success. You are acting as if they were born billionaires, which is far from true. It’s not personally my goal to amass immens
by zeroonetwothree 2y ago
Those people weren’t handed that success. You are acting as if they were born billionaires, which is far from true.
It’s not personally my goal to amass immense wealth and start giant companies (I would rather work minimally and live hedonically) but I am impressed by those that do so.
- EGreg 2y agoNo, I’m saying it was those who went to silicon valley and got lucky to strike up relationships with CAPITAL who made it. Overwhelmingly talent isnt sufficient. For most startups, the old boys network gets to choose who gets millions. And the next rounds a few people choose who will get billions.
- trashtester 2y agoIf you look at the early stages of Google or Zip2, they were NOT swimming in money. Facebook only attracted serious investments when they already had something that looked promising. Apple started in a bedroom in the parent's house, before being moved to the garage, and so on. If anything, I think startups from 2005-2020 were more likely to get founding easily than those giants. But after succeeding, in some cases several times, all of the above found it easier to find investors. Ilya has a similar track record. He contributed on several breakthroughs such as AlexNet, AlphaGo, seq2seq (that would evolve into transformers after he left Google) before even joining OpenAI. In fact, Elon see it as one of his key contributions to OpenAI that he managed to recruit Ilya. That Ilya is able to raise 1B now is hardly surprising. He's probably able to raise way more than that once he's hired a larger team.