weren't truly smart, so our third test was largely a restatement of the first. Since startups make money by offering people something better than they had before, the best opportunities are where things suck most. Basically, a VC is a source of money. But it's possible to be part of a startup and stay in grad school, especially at first. No matter what kind of startup you start, it will probably be a stretch for you, the founders, to understand what users want.
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And that's kind of exciting, when you think about it, because all three are doable. Our offices were in a wooden triple-decker in Harvard Square. Sometimes it was even technically interesting. The way a startup makes money is to offer people better technology than they have now. Bill Gates, Steve Jobs, Larry Ellison, Michael Dell, Jeff Bezos, Gordon Moore. It's not what people learn in classes at MIT and Stanford that has made technology companies spring up around them. The main reason they want to talk about your idea is to judge you, not the idea. When nerds are unbearable it's usually because they're trying too hard to seem smart. It's important to realize you're not. Who taught the nations of the field and wood To shun their poison and to choose their food? 4 Corollary: Avoid starting a startup to sell things to the biggest company of all, the government.