This is one of several reasons you shouldn't drop out of (or skip) college to start a startup at 18. Founders who do that tend to match the second paragraph rather than the first, because they haven't had time to have the "earned insight" he describes.
Announcing Cofounder 2: Run an entire company with agents.
It's the infrastructure for the one person billion dollar company - orchestrating agents across engineering, sales, marketing, ops, and design.
(and yes that's my real grandma in the video)
You are your own worst enemy. You waste precious time dreaming of the future instead of engaging in the present. Since nothing seems urgent to you, you are only half involved in what you do. The only way to change is through action and outside pressure.
When I was 22 I was offered £18M (all cash) for 20VC media company.
With any tough decision, I went for a walk with my mother, she asked me one question:
“What would you do tomorrow if you did sell the company today?”
Without a seconds thought I responded:
“I would start The Nineteen Minute VC and use that as leverage to win in investing.
When the alternative to selling is doing what you would already do, never sell.
Bet on yourself. Go long.
It was the single best decision I ever made.
Thanks Mama!
If you feel lost, build something.
A business. Your body. A skill set. Anything that gives you a reason to learn and focus.
Don't worry about choosing the right thing. Don't think about how difficult it will be.
Just start moving forward and you'll find a path that feels right
I came back to code because AI made it possible for me to build at a level I couldn't before.
I'm not coding despite being CEO of YC. I'm coding because this is the most important technological shift since the internet and I'd be an idiot to experience it from the bleachers.
I'm 45, running the most important startup institution in the world, and I can ship production software at 2am. That's not a distraction from the job.
That is the job understood correctly.
You have no experience.
You’ve never started a company.
You’ve never had a full time job.
Nike is going to kill you.
You’re a kid.
You don’t have technical skills.
You shouldn’t build hardware.
Apple is going to kill you.
You can’t build hardware.
You can’t measure heart rate non-invasively.
Athletes don’t care about recovery.
Under Armour is going to kill you.
It won’t be accurate.
You don’t listen.
You’re an ineffective leader.
You can’t recruit great talent.
You’re going to have to pay every athlete.
You can’t measure sleep non-invasively.
It’s too expensive to research.
Athletes are a small market.
The product costs too much to make.
The product costs too much to sell.
Your valuation is too high.
Consumers aren’t going to want it.
Hardware is too hard.
You should measure steps.
Fitbit is going to kill you.
You can’t build a marketing engine.
You can’t raise enough money.
You need a real CEO.
Google is going to kill you.
You can’t be a subscription.
You can’t build a brand.
You can’t do consumer in Boston.
Your valuation is too high.
You shouldn’t make accessories.
You shouldn’t make apparel.
Lululemon is going to kill you.
You can’t predict Covid.
Stay in your niche.
You are going to run out of money.
You can’t build a health platform.
Amazon is going to kill you.
You can’t measure blood pressure.
You can’t get medical approvals.
The market is too small.
You don’t understand AI.
The market is too competitive.
It won’t work internationally.
The supply chain is too complicated.
You can’t build an AI.
You can’t raise enough money.
It’s too competitive.
Healthcare isn’t going to want it.
…
Just keep going ✌️
This is for everyone who has a dream that simply seems out of reach.
11 years ago I started 20VC as an 18 year old in a bedroom in London. I didn’t know a single VC and had no money.
I wrote down the names of three legends of the venture world. I have had two on the show previously and today I complete the list that 18 year old boy made.
This was 11 years, 3,000 shows, 3,750 hours, in the making.
Never give up, never doubt yourself, stay focused, row your own race. It will come through.
Welcoming Marc Andreesen to 20VC today.
(Links in comments)