10 Richest People In The World
1. Elon Musk: $1.1 Trillion
2. Larry Page: $257 B
3. Sergey Brin: $237 B
4. Bezos: $224 B
5. Zuck: $222 B
6. Larry Ellison: $190 B
7. Bernard Arnault: $171 B
8. Jensen: $154 B
9. Buffett: $149 B
10. Amancio Ortega $148 B
That gap from 1 to 2 ๐
YouTube: 65 employees โ acquired for $1.65B
Instagram: 13 employees โ acquired for $1B
WhatsApp: 50 employees โ acquired for $19B
Waze: 100 employees โ acquired for $1.1B
Twitch: 100 employees โ acquired for $970M
Less was always more.
Iโm bullish this is the best time in human history to start a company.
You have:
1. Tools making teams insanely efficient
2. Talent globally
3. Distribution for anyone with a phone
4. Access to mentors, operators, and founders whoโve already done it
There arenโt any excuses.
Founders...early on, your most important job is belief.
Making the vision so clear that people will leave cushy jobs to take real risk with you.
Itโs easier said than done, but if you canโt do that, itโs usually a sign the road ahead will be harder than it needs to be.
The first version of the product wonโt work.
Iโve yet to see a startups first version of their product work well.
In you donโt have PMF do this:
1. Talk to your customers
2. Improve the product based on their feedback
Those are the only two things you should be doing.โ๏ธ
18 Years of Perseverance ๐
First photo, @elonmusk stands over the wreckage of Falcon 1โa setback that nearly bankrupted both SpaceX and Tesla.
In the second, a few days ago, SpaceXโs first commercial spacewalk.
It's those who keep pushing that ultimately make history.
@Coach_Sanford2 Thatโs about as ginger of an easy up as Iโve seenโฆhard to see him being more than just a decoy for a series or two. Hope Iโm wrong.
Founders about to sign away 80% of their company to a bottom-tier European family officeโฆ๐ณ
Right before Garry Tan swoops in, and goes full 'founder-mode.'
#venturecapital#startups#ycombinator#foundermode
In 1976, Ron Wayne made a $300 billion decision. ๐ณ
As Apple's forgotten third co-founder, Wayne sold his 10% stake for just $2,300 total, 12 days after the company's founding.
At 41, he saw risks working with the young Jobs (21) and Wozniak (26).
#tech#apple#venturecapital
@Airbnb CEO Brian Chesky on the best advice he's gotten.
Paul Graham, the founder of YC.
"๐๐ต'๐ด ๐ฃ๐ฆ๐ต๐ต๐ฆ๐ณ ๐ต๐ฐ ๐ฉ๐ข๐ท๐ฆ 100 ๐ฑ๐ฆ๐ฐ๐ฑ๐ญ๐ฆ ๐ธ๐ฉ๐ฐ ๐ญ๐ฐ๐ท๐ฆ ๐บ๐ฐ๐ถ๐ณ ๐ฑ๐ณ๐ฐ๐ฅ๐ถ๐ค๐ต ๐ณ๐ข๐ต๐ฉ๐ฆ๐ณ ๐ต๐ฉ๐ข๐ฏ ๐ข ๐ฎ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ ๐ธ๐ฉ๐ฐ ๐ซ๐ถ๐ด๐ต ๐ญ๐ช๐ฌ๐ฆ ๐ช๐ต."
#tech#startups
Jack Maโs Original Sales Pitch for Alibaba in 1999 ๐
Jack Ma pitched Alibaba to 17 colleagues in his apartment, outlining how they would compete and win against the top companies in the US.
Today's valuation? $174 billion
#tech#startups#entrepreneurship#success
In 2001, Coca-Cola announced that it had sold 4x more than Pepsi, this was the companyโs response.
This is how competition should be.
#pepsi#CocaCola