Serial entrepreneurs and today's Silicon Valley
blog.pmarca.com
blog.pmarca.com
The best line of the post: "Money, but not just 'I can buy a fancier cashmere car cover' kind of thing - just as often I think it's money as a way to keep score"
So true.
That thought has occurred to me.
Most people forget than Microsoft never tried to get to IPO. They were FORCED to go public when their ESOP reached 500 employees. Imagine that, earning revenue and going public against your wishes when you already have enough cash.