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blog.pmarca.com: I think I can, I think I can

• nostrademons 19y ago
  An earlier draft of the paper cited, full text available for free: http://www.diw.de/deutsch/produkte/publikationen/diskussionspapiere/docs/papers/dp501.pdf http://www.diw.de/deutsch/produkte/publikationen/diskussions...
• trekker7 19y ago
  So the moral is, lose your confidence and think of yourself as a no-good loser. Then the billions will start flowing in.
  • nostrademons 19y ago
    I'm a no-good loser! How come I'm not rich yet? ;-)
• joshwa 19y ago
  Who thinks they won't do a good job at doing a startup, but does it anyways? And thus, succeeds? Healthy self-doubt is one thing, but are you supposed to be riding the line between self-doubt and giving up? (if so, I guess I'm on the right track)
• david927 19y ago
  This article really hits the nail on the head with why I think there's a Web 2.0 bubble. People are not starting firms because of they think they can bring something both unique and compelling to a particular area, but because they want to have a start-up. Oh, and get filthy rich too. The investors are as much to blame by throwing cash at them. Facebook. 10 billion. My ass. I love having my own company, but I also know what a roller coaster ride it is and that if you're not in it for the right reason, you're just going to come away with trauma and bruises.
• geebee 19y ago
  This is really interesting. PG seems to have recognized this for some time, though - you almost have to coax the entrepreneurs out of the engineering school. The best ones don't start out full of confidence.