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Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. Rather, entrepreneurs' frustrations are often due to an incongruence between an MBA's expectations versus the value they can deliver to a startup. As I stated in my Quora answer, "hate" is the wrong word. Share and Enjoy.
The primary stipulation is that each Thiel Fellow must drop out of college, for at least two years, and pursue their “entrepreneurial ventures, research and self-education.”. Gates’ experiential approach to learning programming is typical of entrepreneurs, especially those with little formal education. Entrepreneurs are misfits.
Value is created through diligent hard work. Once you prove that a substantial number of people are willing to pay more for your solution than it costs you to provide it, you can then consider licensing your underlying technology. In addition to paying the consultant, you must invest time to educate them. Grant Exclusivity.
asymmetry, real-time, curated RSS / link-sharing]. But AOL brought online services, email, chat and discussion boards to the masses and thus educated a generation that paved the way for others. No prizes for guessing … there’s ALWAYS a second act in technology. cheap accessible digital hardware]. Is the game over?
On CBS MoneyWatch: Why Debit Cards Are Dangerous BNET Business Network: BNET TechRepublic ZDNet ZDNet Members login Newsletters Site Assistance RSS Feeds Home News & Blogs Videos White Papers Downloads Reviews Popular Enterprise Web 2.0 Dion Hinchcliffe Get Enterprise Web 2.0 Dion Hinchcliffe Get Enterprise Web 2.0
Philo Farnsworth created a technology which underlies one of the 20 th Century’s most ubiquitous products, yet he died a man of modest means and is relatively unknown today. He was primarily motivated by the educational potential of his invention, not the wealth it might generate. Philo was an inventor, not an innovator.
The technically savvy reader, familiar with my attitude, has already figured out that I’ve read way too many raw logs. On my side, the time and money wasted with the idea to educate people is immense. I am not that technically savvy in particular issues that you raise, but I have deep and sincere respect for your work.
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