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Article screams of "you jelly?" And most of us are, indeed, jelly. The bottom line is, if you're into start-ups, you understand that in many ways it's a lotter
by dvt 14y ago
Article screams of "you jelly?"
And most of us are, indeed, jelly. The bottom line is, if you're into start-ups, you understand that in many ways it's a lottery. Instagram won last week, then Pinterest, and now Summly. This is the norm. Over-paying for products that aren't really even products.
I'm surprised a professor at Cornell hasn't understood the VC culture yet. I was talking to a friend last week about this cute chick he wanted to introduce me to. Turns out she works at a relatively famous startup in L.A. as a secretary. It also turns out that she makes more than my mom (who's a research chemist). I've just learned to /sigh, move on and then quickly get back to work.
Throwing money around is how Silicon Valley works. Get used to it.