4 ms·
One of my favorite displays of how little the tech press gets it is this stark contrast. (I think Garry Tan is the one who pointed to me it originally but I don
by randall 11y ago
One of my favorite displays of how little the tech press gets it is this stark contrast. (I think Garry Tan is the one who pointed to me it originally but I don't have that reference right now.)
PandoDaily in 2013:
"While I don’t have my Tarot cards handy, I don’t think there’s a big winner in this bunch either."
http://pando.com/2013/03/26/y-combinator-demo-day-2013-still-looking-for-the-next-airbnb-or-dropbox/ http://pando.com/2013/03/26/y-combinator-demo-day-2013-still...
Startups are a function of markets and execution. Pick a big market and execute well and you're golden. It's difficult beforehand when a company is larval to tell who's picked the right market unless you're able to really think through it.
- frakkingcylons 11y agoTeespring is another successful company in that batch (W13).
- colbyh 11y agoJournalists make terrible VCs as a general rule.
- randall 11y agohttp://en.wikipedia.org/wiki/Michael_Moritz http://en.wikipedia.org/wiki/Michael_Moritz Michael Arrington's prowess has not yet been actually assessed. I'd say I know a few journos who aren't that bad, but a lot of tech press who are horrible.
- vm 11y agoMichael Moritz, senior partner at Sequoia Capital and arguably the best VC ever, started his career as a journalist. From his bio, it sounds like he leveraged that to start his career at Sequoia. http://en.wikipedia.org/wiki/Michael_Moritz http://en.wikipedia.org/wiki/Michael_Moritz
- austenallred 11y ago> as a general rule
- dylanjermiah 11y agoAlso Esther Dyson, Jason Calacanis and Crunchfund (Arrington) seems to be doing pretty well.
- sandstrom 11y agoThis image (of the Pando Daily article) captures the irony :) http://i.imgur.com/tGg4zEd.png http://i.imgur.com/tGg4zEd.png (arguably they aren't Dropbox/AirBnB yet, but still something)