Silicon Valley No Revenue | Radio On Internet

The engineer who already has a job at a random company has a known skill level and growth trajectory. The engineer out of a good school has an unknown growth trajectory. Conditioned on the accomplishments of alumni at the school and the (subjective) acceptance bar of the school, the new grad engineer could have a much steeper growth trajectory than the established one. Silicon Valley got this right on the money ironically [1]. If you have nothing to show, people assume a potential future ability level rather than basing their decisions on your actual ability. [1] [VIDEO]

> I don't want to make a little bit of money every day. I want to make a fuck ton of money all at once. [VIDEO]

"[VCs are] not looking for a profitable business; instead, they’re looking for growth that provides the opportunity for a 100x exit. " I don't want to make a little bit of money every day, I want to make a fucking ton of money all at once ( [VIDEO] )

There is, ironically, a Silicon Valley episode where this is explained satirically [1]. That the person responding to you basically repeats this argument says something - not sure what exactly. [1] [VIDEO]

A while back I wrote an article [1] saying that there was no advertising on Quora because that would mean that the founders would have to accept more realistic valuations for their business, and at that time it seemed they were happy to bring investors on using the "greater fool" theory. However, as Russ Hanneman [1] says: "If you show revenue people will ask how much and it will never be enough". So the question now is: will the introduction of ads harm Quora's valuation? [1] [LINK] [2] [VIDEO]

Good on you - please keep going. I think this scene of Silicon Valley really hit the nail on the head regarding a lot of the money flowing into startups: [VIDEO]

This reminds me of a scene from the popular TV show Silicon valley. [VIDEO] Smartphones, youtube, facebook and many other success stories had exponential growth. Once a product/idea goes big, there will always be people who do not like something about it. Thats the cost of making a product that everyone can use. A better example is the idea of money itself. Its an invention used by almost everyone in the world, We still have people who absolutely hate money with passion based on their own principles that are right for them. Overall it did more good to humanity. We have created an economic world, where good ideas travel faster and share the rewards with everyone. Its a good thing. The alternative would be a hierarchical society where some other parts of the society will always be left behind.

FTA: > Palihapitiya slammed the start-up cycle of raising funding rounds and spending money to boost user growth to attract bigger funding rounds. Hence, growth leads to funding leads to more growth leads to more funding. Another aspect stated in parody: [VIDEO]