startup

“And so if your friend circle is not super diverse, your early employee base is not going to be super diverse.”

“So, my single biggest fear for Silicon Valley is the cost of living. And the reason that matters is if you're a startup and you need to pay your engineers 250,000 dollars to, so that they can afford to live, almost by definition you can't afford that many engi…”

“I mean, basically the thing to look for is where is a lot of capex go? And where is that, that thing not running 24 seven? ... And so as a result of that, your activation energy in those examples is low because somebody else has put all the infrastructure in p…”

“Big companies can, and they definitely have an advantage. But smaller companies, innovative startups, things like that don't really have as much say there.”

“We've got 35 startups at the university from zero.”

“So it's going to be a startup world in the future. That's where almost all jobs will come from.”

“That's the underlying problem is that in big companies like that, you own none of the success, and you pay for all of the downside risk. So there's really no incentive for you to take a risk, whereas in startups, it's the inverse.”

“When you're building an early team, you really need to look at, are these people that are going to scale? Right. Are these people that come with a team of their own? And when you recognize that maybe those wells are a little dry, it's time to bring in new peop…”

“You know, I think this is a really common thing in our society right now, where I think it used to be maybe 50 years ago, a hundred years ago, the smartest people who wanted to pursue the most intellectually demanding and interesting things would stay in acade…”

“I think this is probably the best time to Start a company or be running a company, at least since I've entered the workforce in.”