3 ms·
That's why founders sometimes get so rich so young now. The low initial cost of starting a startup means founders can start young, and the fast growth of compan
by bbor 2y ago
That's why founders sometimes get so rich so young now. The low initial cost of starting a startup means founders can start young, and the fast growth of companies today means that if they succeed they could be surprisingly rich just a few years later.
Heh... a touch of self-awareness. This seems like a good time to remind people that Graham is unimaginably wealthy--more than you'd be if you worked 10 lifetimes--because he cofounded Yahoo Store[1], a function so meaningless and forgotten it doesn't even get a mention on Wikipedias list of 98 defunct Yahoo services[2], much less a page of its own.
Silicon Valley's truly unique era was long over by 1990, much less 2000[3]; everything since has been marketing, monopolization, and hilarious amounts of confidence from people who lucked into millions as a byproduct. The most entertaining/terrifying version of this in 2025 is of course the recent quote "Silicon Valley built the modern world. Shouldn't we get to run it?" by, I shit you not, the creator of Roblox.[4]
[1] https://en.wikipedia.org/wiki/Viaweb https://en.wikipedia.org/wiki/Viaweb
[2] https://en.wikipedia.org/wiki/List_of_Yahoo-owned_sites_and_services https://en.wikipedia.org/wiki/List_of_Yahoo-owned_sites_and_...
[3] https://en.wikipedia.org/wiki/Silicon_Valley#Rise_of_Silicon https://en.wikipedia.org/wiki/Silicon_Valley#Rise_of_Silicon
[4] https://x.com/Shedletsky/status/1886563357249212846 https://x.com/Shedletsky/status/1886563357249212846
- porridgeraisin 2y ago> The most entertaining/terrifying version of this in 2024 is of course the recent quote "Silicon Valley built the modern world. Shouldn't we get to run it?" by, I shit you not, the creator of Roblox. Lol. That's really funny. He's serious as well. I thank god every day that I'm not one of those people.
- deleted 2y ago[deleted]