Trying something new again
At the seed stage, investors don't expect you to have an elaborate business plan. So we were happy in the end, though the experience probably took several years off my life. The competitors Google buried would have done better to spend those millions improving their software. Even other hackers have a hard time doing that.
Trade shows didn't pay as a way of getting new customers, but they were worth it as market research. No doubt there are great technical tricks within Google, but the overall plan was straightforward.
That shows how much a mere idea is worth. There could be ten times more startups than there are, and that would probably be a good thing. In theory, that could have meant someone else owned big chunks of our software.
No one dared put on attitude around Robert, because he was obviously smarter than they were and yet had zero attitude himself. Both statements were true, but that's not the way to convince people. But this is a very misleading number, because the money was the least important of the things Julian gave us. It's very dangerous to let anyone fly under you.
But once again, I wouldn't aim too directly at either target. That last test filters out surprisingly few people.
Ideally you want between two and four founders. What you should do in college is work on your own projects. Not spend it, that's what. Paul Erdos was particularly good at this. Build something users love, and spend less than you make.
This imbalance equals opportunity. Also, startups are a big risk financially.
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