[strlen]

right. it's not even about a degree or the knowledge. more than anything, as this acquisition shows, start-ups aren't about technology or knowledge: they're about executing on an idea and tons of PR and marketing.

but one way to increase your chances of winning (that is, drive a start-up to profitability or a home-run exit) is to get a body of knowledge that makes you stand out from others.

i certainly agree that college is the time to pursue personal projects: but personals means exactly this, personal. work on projects that will teach you the most vs. the projects that seem to be the best from business perspective. you have rest of your life to spend worrying about making a profit.

for 2 years out of my undergrad career i did contract systems administration / internal web app development. however, i've learned a lot more about systems administration. in retrospect, it'd have been better spent otherwise. trying to have personal projects while working full-time and doing a part-time masters is a great luxury.

[unalone]

work on projects that will teach you the most vs. the projects that seem to be the best from business perspective

I think that the best metric is a third thing: "work on projects that you like the most."

I think that the start-up I'm working on will teach me a lot. And it's got more than enough potential to earn me a living, too. But more than that, it's an idea that I love. The fact that I think I can sustain myself with it is an added side effect.

I mean, I won't drop out of college just for the heck of it. My co-founder and I are applying to seed investors, though, and that means we'll spend time on leave from college working on the idea. If we get accepted, we'll work on the project full-time for as long as we can. But if we don't, then it'll continue to be a side project and we'll launch it from college.