large companies is the difficulty of assigning a value to each person's work. This imbalance equals opportunity. Getting money from an actual VC firm is a bigger deal than getting money from angels. Raising Money To make all this happen, you're going to need money. I wanted to work in the pure, intellectual world of software, not deal with customers' mundane problems. What you notice in the Forbes 400 are a lot of people with technical backgrounds. The problem is, for the company to exist, you have to decide who the founders are, and how much stock they each have. And they pretty much all make the same decision: as hard as you possibly can.
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And if someone was lazy, the others would be more likely to notice and complain. I was working for Yahoo when Google appeared, and Yahoo didn't understand search. We used to show people how to build real, working stores. The recipe was the same in Florence in 1200 as it is in Santa Clara today. Eventually we settled on one millon, because Julian said no one would invest in a company with a valuation any lower.
2 Faced with the idea that people working for startups might be 20 or 30 times as productive as those working for large companies, executives at large companies will naturally wonder, how could I get the people working for me to do that? If the company does badly, he's done badly.
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