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by blobbers
3 hours ago
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woah woah... a bartender becomes the head of engineering at a high flying start up? This isn't the .com. Did the bartender also go to MIT? Drug fueled founder parties? Orgies? I've clearly been doing silicon valley wrong. Or right, depending on your perspective... but not this? I've seen board game fueled parties where maybe one or two people do drugs, but it remains very nerdy? And no sex parties. Mostly sausage parties? ... so yeah. Do people really know Jims? Because I just read posts about them. |
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The startup market rewards first to market and first to scale. This creates a game of "chicken", where the competitors spend like crazy trying to achieve a near monopoly. That's why some of the fake-it-til-you-make-it crowd gets ahead. But most of them crash. The historical success rate for VC-funded startups is only about 1 in 10.