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by jakerocheleau 4825 days ago
I think I would classify myself and most of my startup-knowledgable friends in the latter crowd.

Is that a particularly bad thing to not be motivated by large cashouts, and instead by creating a company with long-term value?

1 comments

Not at all. In fact, I was insinuating that a lot of the start up crowd is motivated by the wrong reasons - money.

You can get rich by buying up real estate and charging rent. All you did is sign paper and make money. "Charging rent" isn't a service. "Allowing you to live in property I purchased." isn't really providing value either.

"Building a house and selling it to a family." <=== that's creating value.