How to Start Google
paulgraham.com
paulgraham.com
I assume a lot of start ups are started by older people too.
I think for older people an advantage is to solve older people problems. Like how sucky accessing all kinds of “adulting” things are from aged care to dealing with myriad systems with kids schools or any other problems that have inevitably been chucked at you. Some of these “startups” might actually be lobbying/political work for the good that doesn’t make money, some might be startups.
Also being older I don’t care about making a unicorn. I see that as an odd goal for a founder of any age but a great goal for an investor.
The older I get the less I want to build a startup and more I want to start a business. Something that takes a little bit of capital, lots of hard work, gets some customers and provides goods or services, without venture capital firms and 100x returns and everything that comes with that, just a standard business.
As a just-graduated poor student I was used to living on practically nothing. By 40 I had a mortgage, kids, wife etc. The penalty-for-failure at that age is substantial.
When I stopped getting a salary in my 20s my wife was earning so we just lived on her salary. That lasted a few years until the new business found its niche.
So, how to start a business later in life? Slowly and carefully. First do it as a side hustle. Night's and weekends. (Which is good to see if you still gave the energy for that.)
Price things "as if its full time". If you're selling ceramics on Saturdays figure out what your daily sales need to be and price accordingly. If you're teaching piano ditto.
Side hustles also let you experiment with marketing. See if the market will bear more than just a Saturday here or there.
When you can, take a paid vacation from your day job, and see how busy you are (and what income) from the eide hustle. Figure out if you enjoyed that more than the day job.
Save every penny from the dide hustle. You'll want at least 6 months of cash before you make the leap. 3 months to get income back up, 3 to look for a new job if it fails.
It's harder to start a new thing in your 40s. But it's also more likely to succeed, IF you plan and execute right.
All my attempts at starting a SaaS when I was younger were basically me building a cool thing and then yelling into the wind. I am looking for a more concrete market for my next venture, and it doesn't have to be cool or cutting edge.
It depends a lot on how you qualify and categorise founders, companies and "successful", but of course you can understand why it can be somewhat truthful: people in their 40s have had 2-3 decades to build up experience, networks and a track record, making it much easier to build a team and attract investors and initial customers. I'm sure almost all of these founders in their 40s have had at least some partial success in their past.
So it still affirms that it's best to start as young as possible, allowing time to experiment with ideas, markets, co-founders, etc. I've seen plenty of founders bounce from one-to-another-to-another startup from their 20s to their 40s, each one being vastly more successful than the last.
But as you point out there are still all kinds of opportunities to build new products to address needs that are overlooked by younger founders, so you should absolutely go for it if you're inspired.
I feel the same as you about being less interested in "unicorn"-scale success after 40; as you mature, have kids, experience illness in your family and become more observant of problems in different segments of society, you become much more focused on just providing well for your family and doing some good for the world than having to be some kind of all-conquering hero.
If you want to connect privately to talk more about what kind of company you want to build and how best to go about it, feel free to get in touch (email in bio).
There might be others, but this one is clear and to the point:
The Average Age of a Successful Startup Founder Is 45
https://hbr.org/2018/07/research-the-average-age-of-a-succes...
Looking at the state of open source software today a google is simply impossible because the ecosystem has rotted from the inside.
Look at how much effort it took to write the cgi-bin scripts google started with vs whatever flavour of the week JS framework you have to use now.
Not sure what the solution is but we need fewer sheep in development and less permissive licenses so developers doing unglamorous work can capture more of the value. There's a reason why every shop which supports massive open source projects is running away from legacy licenses as fast as they can and that reason is Amazon.
If you don't care about developers from the user side of things it's just as bad. The GPL in the age of cloud services does as much to protect user freedom as the MIT license did in the 1990s.
The Oxide route is one of the better approaches for backend. "Apple" of enterprise OSS, but I think their ambitions are too small. Prefab containers full of seamless and modular amounts of each food groups: CPU, GPU, RAM, SSD, HDD, interconnect, and uplink all in and managed. Not rack-up but dirt-up and totally managed offering IAM, VMs, 12factor PAAS, serverless, volumes, and object storage with multitenancy, accounting, security, data lifecycle, config management, appropriate redundancy, and other cross-cutting concerns harmonized in a way that is necessarily managed but sufficiently customizable.
Frontend, the trick is standardizing on the least fragile tools that are widely used enough. Churn on tools and dependencies is a distraction and a time waster.
There’s lots of reasons a Google is impossible to start today (the main one being “Google exists, whatever the next explosive startup-to-giant is [0], it will look nothing like Google, and such things aren’t cookie-cutter, each is sui generis), but the explanation you offer above is… unconvincing as a bare conclusion, but maybe could be fleshed out with more description and support.
> Not sure what the solution is but we need fewer sheep in development and less permissive licenses so developers doing unglamorous work can capture more of the value.
The two halves of this sentence are in tension, and the first seems more reasonable than the second.
> Look at how much effort it took to write the cgi-bin scripts google started with vs whatever flavour of the week JS framework you have to use now.
You don’t have to use a flavor-of-the-week JS framework in place of cgi-bin scripts. (And, in some ways, the lowest-friction backend options are lower friction to get up and running than cgi-bin scripts on a server you set up, because you’ve got things like “serverless” FaaS hosts.)
[0] OpenAI?
There is no need to follow the trend du jour, it is some fallacy that you're describing that somehow it's easier then than today when the technology is largely backwards compatible.
This is the nuts of it.
For meeting founders, find someone in the area you’re interested in and build stuff with them. Also consider using the YC founder network, but they may be too ambitious for you.
Lifestyle businesses are probably less dependent on cofounders for success.
You’ll need to work hard at your tech skills if they’ve atrophied. The good news is, this part is incredibly fun.
[Stair Step Method of Bootstrapping] https://robwalling.com/2015/03/26/the-stair-step-method-of-b...
[Podcast] https://startupsfortherestofus.com
[Book] https://saasplaybook.com
[YouTube] https://microconf.com/youtube
The link above links to the article I was going to post. Just adding the headline here, since it was missing.
Go big or go home, it’s no fun to chew bones.
As years that remain shrink, you have to pick and choose the battles you want to fight.
You can use that term as a proxy for delivering large impact to the world. It's approximately the same thing. If you do something like "aged care" and "dealing with kids schools" in a way that helps millions of people, you'll end up a billionaire whether you want to or not.
I don't use the term "unicorn" but I think keeping score in financial terms helps because that's how you know you've delivered something people want and at scale. If you remove money out of the equation it's easier to fool yourself thinking you're making some difference and you're not.
If I have a business that impacts millions of people, then every hour I spend on it, would have huge influence, and if I don't spend the hours on increasing that percentage, I'm also letting down millions of people.
I would suggest using your network and consider a path of least resistance such as building a side-business while working that either solves niche enterprise problems or makes enterprise capabilities more manageable for small businesses.
Starting a business is really easy. The bullshit that every business needs to do isn't particularly magical or mysterious. Don't get too invested in the bureaucratization process, but also be sure to implement what needs to happen just in time.
Find cofounders from your friends and coworkers, and go to startup events. Find people who you respect and who respect you, have integrity, and are the most fun. It's important to find people who don't turn into arrogant SOBs or raging sociopaths when large sums of money become involved. Honesty, awareness, navigating/prioritizing ambiguity, and conflict resolution skills are damn important.
Avoid external funding if at all possible unless it unblocks time-to-market that would otherwise miss market time or grow too slowly to survive. (Growing slower is often easier and more sustainable!)
Have sensible cost controls that are pennywise and poundwise.
If not changing the world or building a startup per se, focus on building a business that something people want. ;@] Expect it to take 20x longer, 50x more effort, and 4x more money than you think.
Also, I think 'Google' in this instance is more for motivation rather than a literal comparison. He's leaving out the part that Google was founded by graduate CS students a) looking for a thesis, b) into node-link graphs, and c) inspired by academic citation metrics. Would PG advise anyone to go to grad school to learn how to find scientific-discovery-based startup ideas these days?
L&S were, and they hired other people who were. They didn't start with a business idea, but with a technical one. They filled in the blanks on the business side after they survived the .com crash.
I didn't get to Google until 2011, but it became clear to me after joining that in the past they had gone on a very nerdy mission to hire all the nerdy people and collect them into one place to do nerdy things.
(Unfortunately that nerdy thing ended up being selling ads really efficient, but that's another story.)
My fundamental point is that the Google story is very unlike the kind of stories that YCombinator or a16z like. It started, like you said, as a set of intellectual/technical interests. The other stuff, that VCs today like, came later.
In a way they did the opposite of the usual advice. They started with the hammer (the tech) rather than the nail (the business problem.) They certainly didn't start with a "Like X but for Y" statement like seems to be desired by VC today. And they didn't look like the typical .com story at the time (which was usually: give us lots of VC $$ so we can sell something on the web that is currently not sold on the web, but we'll just use the $$ to buy customers and make no profit...)
I would posit that if today's Google came to YCombinator today they'd be shown the "no thanks" door.
Building a successful company depends on many things. The point made here is that you are unlikely to be expert enough, and motivated enough to build a successful business in an area you are not interested in, and haven't played around in. So to increase the amount of domains that you could create a business in from 0 to a small positive integer you should build things that interest you.
Of course if you have money, or know how to persuade people who have money, you can be something of an idiot and still develop a successful business. Usually you are not really developing the business in this case, more attaching yourself to a business that smart people are running for you.
In a pool of high school freshmen, most probably have a better chance of success following the first path, than the second.
Isn’t “you shouldn’t focus on science to start a good tech company” a good indicator that our conception of “tech” company is completely broken? That we’re really talking about ways to milk money from gambling billionaires, not change the world with successful products?
Nope, ended up going to scientific-discovery-based-startup-ideas-R-us instead, by client demand.
2. Use Stanford bandwidth for your web crawler.
3. See how AltaVista does it; they're in downtown Palo Alto.
4. Get 100K from the guy who founded Sun.
5. Move into the space above the bike shop in Palo Alto. (9 major startups began there.)
6. Get more funding from the guy who founded Amazon.
7. Sell search ads.
8. Profit!
Google had good timing but importantly, a good product and market fit. Prior search engines sucked in comparison with obnoxious monetization.
"Build a search engine so good all nerds on the early Internet abandon AltaVista and switch to it, no marketing required."?
which?
But, in all honesty, if you want to identify single factors that truly contributed to Google not just surviving but thriving, I'd point at Jeff Dean. When he joined, Google was unable to update its index due to the design of the indexer. Jeff (along with Sanjay, or as many of us know him, "The Wise One"), built seminal software that enabled google to grow rapidly - not just updating the index faster, but doing search quality on logs, early ad experiments, and more. Obviously, other people played critical roles (Silverstein, /proc/bogdan, SRE Lucas) but IMHO if they hadn't had Jeff and Sanjay, google would have died back in 97 or 98.
Not at scale. In the 1980s, Stanford's biggest IP revenue came from FM synthesis for musical instruments. In 1991, Stanford started up the Stanford Management Company to manage the endowment. Offices were on Sand Hill Road, out by the venture capitalists. That worked out very well. Enough so that SMC became the tail that wagged the dog. But that's a long story.
I agree with you, wanting to become “filthy rich” is abhorrent given all of the known implications that comes with. At the very least people should have some shame and keep that to themselves.
You get rich by offering a good or service that society desires.
You get filthy rich by capturing as much of the market as possible by whatever means necessary and killing off competition - including user lock-in, artificial bundling, using successful past products to subsidize non-profitable new ones just to screw competitors etc.
Google was a successful, unsustainable search engine before it was a successful business.
Facebook was a successful social network waay before it was a successful business.
Reddit was... You can see where I am going with this.
Anything that gets eyeballs will be paid for by ad placement. I think that's the "dirty" (open) "secret". Many industries are paid for by ads, not just tech companies. Though, tech companies have taken a huge chunk out of the entertainment industry as YouTubers, Instagrammers and TikTokkers (etc.) are now creating that entertaining content for the tech companies. All in an effort to capture eye balls.
And Hacker News is no different. Everyone who's on here long enough will slowly learn about Y Combinator. HN is an ad placement site for YC and YC affiliates. HN is much more than that of course, and that is why the ad placement works so well. Personally, I find the way HN is doing it tasteful. Moreover, it's not the only reason why HN exists, it's a synergy thing. With that said, there's still the same dynamic in there.
It's because ads pay, one way or another.
Still pivoting for monetisation is important.
People partially flocked to them (me included) because of their public stance on ads, and then they played me.
Without claiming things they did the opposite from, one can't help but wonder if they would have ever succeeded? And would that have made them a story to tell at all?
I don't mean that to even sound bitter or cynical, but it's just a fact if you look at most founders, even the ones that fail miserably.
The happiest entrepreneurs I know got advanced degrees, had a solid career, developed plenty of contacts, then launched something in their 30s or 40s with substantially less risk than taking a punt on knowing what problems were worth solving while at University, or taking a punt on finding the right person to start a company with while at University, or taking a punt on having the wide range of skills required to actually make a company work without ever having any work experience.
This is the sort of hype that drew me in when I was younger and I think it's damaging. The real way to start Google is to be smart, hard working and incredibly lucky. IMHO the best way to start a company is to be smart, hard working and patient.
I spent 3 years trying to keep a startup afloat after graduating from college. Most of my peers own a (some of them multiple) house now. I have 75k in my savings.
Reward requires effort, but effort does not guarantee reward.
It's a fact of life that we really should teach our kids instead of the nonsense that effort will be rewarded.
Not saying Larry Page and Sergey page aren't talented - clearly they were/are very talented people. But they were also extraordinarily lucky. To take another example, if Gary Kildall had been a slightly more ruthless businessman and IBM had had a little more foresight, Bill Gates would not be a billionaire.
The people who read here can read it for clarity and the chance that they can show this article to a smart nephew to inspire them. Like I just did.
And note that the chances of founders and companies that have passed and been anointed with money is below (how much? I don't know) companies that haven't even made it to that round (to be potentially winnowed out). And have spent time and perhaps family money.
Will point out that I benefit from all of this (let's call it 'pick axe' for short) but I would or could never with a straight face and conscience write or give the same advice to kids in high school. Shoot for the moon? Risky. Sure if you have family money to fall back on possibly take the chance.
Especially and in particular 'how to start google' (meaning something with huge potential).
Oh yeah back in olden times I started a company right out of college and did pretty well and sold it (with ZERO investor money).
Lastly the joke that existed back and forever was someone saying 'find a good lawyer' as if doing so is a matter of knowing you had to do it not the specifics of how to do it.
22-year-olds have a hard time selling to enterprises, 14-year-olds will find it impossible. Whereas if they build something cool that they and their friends love they will gain many of the skills that might be useful later on.
PG has made the point many times that the superpower 22-year-olds have is that they can live on ramen and work 16 hours a day. The superpower that 14-year-olds have is that (in many cases) they don't even need to find the $1,000 a month to survive.
- Work on a personal project that is motivating to you (obviously you won't work on it if it's not motivating to you)
- It's a good sign if the project you're motivated to work on solves a problem that you and your friends care a lot about, because there's a good chance many more people will also want that problem solved and will buy/use your product.
Sure, plenty of big companies were started via different paths, but not many were founded by kids barely out of high school.
We now have a single organization shaping the information access patterns of the people all over the world ostensibly paid by ads. Right.
He says you have to be interested in it, it should excite you, and it should be your own project.
That’s absolutely not at odds with solving a problem. In fact, there’s a good chance that people are interested in solving a problem, likely one that is painful to you.
Before I get to the complaints though - am I the only one with the feeling there would be a huge market niche for a search engine that gave as useful results as Google did in its earlier days? It sometimes feels like half the results for non-tech-related searches these days lead to low-quality AI-generated SEO-optimised fake content.
> If you're not sure what technology to get good at, get good at programming.
We tried this with unemployed former coal miners in Appalachia. It turns out, the real secret sauce here is "be the kind of person who can get good at programming". I'm with Freddie deBoer here, as he says in his book The Cult of Smart: we need to accept that not everyone has the same intellectual abilities. Once we do that, we can start thinking about how we make a world that works for the half of the population below the median on this dimension.
> ... facebook ...
The other story I heard about Zuckerberg is that he got his first 1000 users by scraping everyone's profile picture off the university "facebooks", then making a page where you could rate the women as "hot" or "not". I feel like missing this part out gives a rather one-sided picture of the story - especially if there were any young women in the class that PG originally gave this talk to. That's a shame because PG makes a very different point in "Why it's safe for founders to be nice" [1].
> (US uni admissions are done badly)
I agree with footnote 3 that determination and resourcefulness are important, but you also need to be able to program and reason mathematically if you want to start the next google. There are a lot of incredibly determined and resourceful students on liberal-arts or law degrees who might go far in the world, but they're not the person you want as a _technical_ co-founder.
Yes you need to be lucky to get super-rich as a founder too, but you have a lot more control, i.e., you make the primary decisions that determine whether the company will make good products that people will use/buy.
Another reason to play it slower is you can work and save for financial security beforehand, and you can build your network without going to MIT or Stanford. You’ll meet plenty of people working from all kinds of backgrounds. You’ll get to practice financial decision making. You’ll be a more well-rounded person who can empathize with different walks of life, (isn’t understanding people gospel in VC land?).
Even if they don’t make a startup, at least following the advice would make them more employable.
""" What you need in a startup idea, and all you need, is something your friends actually want. """
Nothing about friends, nothing about fun projects. Mainly just looking at Salesforce, knowing its the DB for business-side of the house, and that the UI/X of SFDC is not good, so here is a better UX (much appreciated).
I think it's more important to note how talks like this use "children" as an excuse to present a very sanitized version of the history being discussed. I think a massively underappreciated mechanism by which American culture distorts history is by its very lax and sometimes supportive norms about fudging the truth and sometimes even outright lying to children
It feels irresponsible to tell kids how they can build the next Google, without also telling them how likely it is they won't succeed at it.
Granted, most people in their early 20s have very little to lose, so a failed startup may not be much of a problem, outside of the stress and emotional effects.
The author is British, for one.
Theres simply no way to get away with what Google, Facebook or Uber did today. You will not sneak your software into enterprise customers, you will not be able to skirt regulations.
Hell the big money pot of getting acquired may be dead too, e.g. Figma.
For most startups, you will fail. For the top 1% of companies you can hope to at best make a comfortable living at a multi-million dollar valuation. Only the .0001% will become a Google.
Larry Page's original ambition was to digitize books and knowledge in the world [2].
> Page had always wanted to digitize books. Way back in 1996, the student project that eventually became Google—a “crawler” that would ingest documents and rank them for relevance against a user’s query—was actually conceived as part of an effort “to develop the enabling technologies for a single, integrated and universal digital library.”
[1]: https://twitter.com/jam3scampbell/status/1608270969763729415
[2]: https://www.theatlantic.com/technology/archive/2017/04/the-t...
Nobody can know such a thing -- especially turning around a billion-dollar business, a thing with a near-zero prior probability. It's more reasonable to say that Larry had the drive, the aptitude, and the resources to maximize his odds (which would still be low.)
It's not about starting Koch Industries or Disney.
It's not about some ideal world where connections and funding don't matter.
It's about a kind of productive problem solving that creates value for other people by solving problems they just accept as friction in their lives.
It's insightful in focusing on how projects you love can end up helping others.
But it's a little misleading in that people are listening not because they are doing what they love, but because they want to be successful - ideally to take what they love and turn it into success - according to this plan.
Let's say each year 10,000 people would love to become professional football players, 500 make it to the NFL, and 5 become household names - success stories.
There's no real accounting for the time wasted by the 9,500 doing the extra required not out of enjoyment of the game but to become successful (leaving aside any actual costs like TBI). It's at least an exported cost. But it might have other downstream effects, making someone less confident in their judgement, less likely to engage in making a better world of whatever sort.
One of the Buddhist precepts is not to sell the wine of delusion (in some translations). But it's also soul-killing to tell someone how likely they are to fail; who says that at a wedding? What benefit is that?
Paul Graham made a success of helping others be successful. That's a really good model to consider: to do and teach and help. So I would take this as good teaching for teens.
I was the first graduating class from one of the first public high schools in the country with an IT magnet program.
I remember the program coordinator telling us and our parents in a big presentation that we could be making $70-80k out of high school. He was really selling it.
I was not making anywhere near that out of high school. =P
But I wasn't doing bad either. In fact, I'd had two jobs with tech companies before I even graduated. I had a job lined up in the engineering department of an OEM prior to receiving my high school diploma. That same administrator was always encouraging us, cheering us on with our various projects, helping where he could.
I never thought for a moment I'd been mislead that my salary wasn't that high or that I didn't make it "rich". Any kid who'd sat through a school fundraiser presentation in middle school knows that those awesome prizes of a computer or game console or whatnot is just meant to hype you up. But you might be able to land a CD player. (My age is showing here. =P )
I expect any 14-15yo he's talking to will get the gist. The kids are not stupid. They get the pitch. And I think they intrinsically know the odds too. Those 9,500 football players are not all going to see it as a loss, even if they didn't achieve their ultimate goal. People turn losses into wins and salvage the good from a failed attempt all of the time.
My son is 3, and already has fun mashing computer parts together and wanting to see how things work. I'm excited to see if he wants to do this as well. Will I tell him "Dude, that guy said I'd be making $90k and that was B.S." Nah. I'll give him simple version of Paul's advice. Even if he doesn't go into entrepreneurship, it'll set him up well if he follows it.
This optimizes for Paul's outcomes not for the individual outcomes.
Actually, PG advice is solid. Trying to guess the next big thing is not a winning strategy. More so for teenagers who lack a lot of skills including good judgement. Even if their guess was guaranteed spot-on, and the universe was rooting for you, once the cat is out of the bag, what advantage would a 15 years old have? They don't have any war chest or connections to survive.
If the goal is to optimize the individual's outcome, outside working towards a stable 9-5 career, their best bet is indeed building projects they're passionate about and utilizing the skills they gain in their next endeavour.
One way to waste your life is being constantly distracted by which industry is more profitable or has more potential, doubting yourself and switching context.
What PG is noting is that sometimes (even if rarely), what an individual is passionate about can also be good for investors. But the passion comes first.
I think there’s a strong element of luck here: even if you have general purpose skills in eg programming or CS, once a novel opportunity presents itself, you likely won’t have a head start, especially today. But what can you do about it? Telling kids who are 14-15 that they should bet on some more niched tech like LLMs or even transformers would likely be terrible advice.
You can certainly become the best in the world at some combination of things that don’t interest you, but that seems less fun.
I don't get your comment. Are you saying PG is trying to deter and throw off teenagers so they don't compete in the space he invested in?
Somewhere in this essay it needs to say “99% of you who try this will fail”.
That's a prism it's really worth applying to all advice given by VCs: What's the outcome for me if I fail vs what's the outcome for them if I fail?
There is an opportunity cost to starting your own company, but it's not some kind of horrible experience that will drive you to bankruptcy unless you're part of the 1% who manages a spectacular exit.
Maybe start an actual, scaleable business that makes money. It's not sexy, but it's within the realm of possibility to get it off the ground yourself; and usually those within the gilded class are not interested in such things.
If you're a regular schmuck, maybe take a page from the countless immigrants in the U.S. that start various businesses (trade, real estate, etc.) that make them enough money to allow them to live like kings back in their home countries.
There's something to be said about the severe glaucoma of understanding class in the U.S. Very few (notably the middle class) are willing to internalize they're serfs, whose current comfort is more a product of luck than anything more. It's a precarious situation, and any notions of aspiring to "life satisfaction" or other leisure-class values is just foolish, in my opinion.
Given it's a repeated game, and you gain knowledge at each round, I'd say the odds are probably pretty good that the highly dynamic / fast learning environment of early companies yields returns over a lifetime.
All the examples he mentioned Google, himself and the Irish Stripe founders had to do the same for their startups.
Sadly in the UK all the current unicorn "startups" are a bit iffy: XTX (high frequency hedgefund), betfair (betting company), tripledot studios (Zynga like company).
Unfortunately mega success in startups doing soemthing innovative is non-existent in Europe and UK in particular. Mistral stands out to how exceptional it is to the rule, and the closest other one I can think of is BioNtech.
Sadly the highest expected route to fortune in the UK remains quant trading in finance. Including starting your own hedge fund.
If Google in 2006 wasn't powerful enough to get someone as culturally unthreatening as a Brit into the USA, it cannot be easier to do so as a startup founder.
That said I did know someone later who was able to make it in and become a startup CTO there (a German guy). Hilariously he did it by making a viral YouTube video. And by "make" I mean he hired an agency to make it. This was sufficient to get him in on an artist visa, which was easier than getting in on an H1B.
Seems kinda reasonable for a motivational speech not to mention it (even assuming it's entirely true.)
I'd rather a government that enables a thousand mid-sized companies with moderately well-paid executives and employees than one that enables a single monopolistic mega-corporation with billionaires whose power rivals states and whose incentives are not aligned with most of the world.
You leave that to your customers and stock holders instead.
For every one of these giant trillion dollar companies, there are also thousands of companies that couldn't make it. Also, just by the distribution of it all, not every company can be a Google. Not trying to be pessimistic here; everyone should be able to try solving some problem as a project and have fun meanwhile. However, expecting a Google out of it could be a bit too demanding.
That doesn’t mean that there aren’t insightful things to say about building a Google or becoming a gold Olympic medalist.
I agree with the first point. I do think that the experience would nonetheless be valuable, though, to pilot a failed company.
He's trying to inspire the one kid that will actually create the next Google.
Alternatively, if only one person in the upcoming generation tries to create the next Google it will probably be a crap company. If 200 million kids try to create the next Google the one that succeeds in creating their own survivorship bias story will likely be a stellar co.
Competition necessitates excellence.
I think when someone like him shows up, kids want to hear about the extreme end of financial success.
Hopefully those kids get to hear from other types of business people as well -- those who can talk about more of the middle of the road.
Bill Gates, Zuck, Jobs, etc....
Students should quit school. -> (?) -> profit
It's not open to sign ups or anything (blocked in Supabase), so this isn't really trying to be a marketing exercise, the idea about joy projects just resonated with me.
If you want to listen to the generated audio (really it just custom parses a web page and sends it off to azure), I've uploaded it to a public Cloudflare R2 bucket[1]. It's not perfect, I haven't fully configured the SSML to treat quotes correct, and I'm adding weird breaks in between normal text and anchors, but... it's a project :).
[0] https://www.webtospeech.app/
[1] https://publicmedia.webtospeech.app/b3dc8034-c2f4-4835-afe8-...
https://new.nsf.gov/news/origins-google
> "The National Science Foundation led the multi-agency Digital Library Initiative (DLI) that, in 1994, made its first six awards. One of those awards supported a Stanford University project led by professors Hector Garcia-Molina and Terry Winograd... Around the same time, one of the graduate students funded under the NSF-supported DLI project at Stanford took an interest in the Web as a "collection." The student was Larry Page.... Page was soon joined by Sergey Brin, another Stanford graduate student working on the DLI project. (Brin was supported by an NSF Graduate Student Fellowship.)"
Under a rational and fair approach to patents, anything created with taxpayer funds would be available to all American businesses under a non-exclusive licensing program. However, in the 1980s, Bayh-Dole was pushed through which allowed exclusive licensing of those inventions to private parties. This is nothing but theft from the taxpayer, the entity who funds the NSF, which funded this research effort, which generated PageRank.
As a result, Google didn't face market competition for some time, and was able to create a monopolistic situation, and as with all monopolies, this resulted in the degradation of their product, which is why, as everyone seems to agree, Google search results are much worse today than they used to be.
[edit: contemplate the outcome if Brin & Page had instead invented PageRank as Apple or Microsoft employees - would they have been able to run off with the IP and found a company?]
Anyhoo, props to 1998 era web design. Sincerely.
> if you want to start a startup you should try to get into the best university you can, because that's where the best cofounders are...
> The empirical evidence is clear on this. If you look at where the largest numbers of successful startups come from, it's pretty much the same as the list of the most selective universities.
Is it at all possible that the people who are able to take a gamble on founding a startup rather than getting a job are also disproportionately drawn from the wealthy class that is also able to afford the privileges necessary to get their kids over the admissions humps needed to get into highly selective schools?
Because in spite of the suggestion that getting into these schools is a matter of ‘doing well in your classes’, Graham knows and acknowledges in his footnote that he knows full well that’s actually not what these schools are selecting for anyway:
> US admissions departments make applicants jump through a lot of arbitrary hoops that have little to do with their intellectual ability. But the more arbitrary a test, the more it becomes a test of mere determination and resourcefulness.
‘Mere determination and resourcefulness’? Or the background, finances and support and time necessary to make the grade in terms of non academic achievements, volunteer work, experience, extracurriculars, etc?
But even if you get in through academics plus determination and resourcefulness… will you also have the resources to take a risk on turning a project into a startup?
This is cargo cultism. Yes, successful founders are disproportionately drawn from high end selective schools, because they are disproportionately drawn from the community of people who come from a background of privilege, and are academically bright. Such people naturally tend to end up at Stanford or MIT or wherever.
But getting in to Stanford or MIT doesn’t magically make you into a member of that privileged class.
"Education" nor "work" can be passed through generations. If I am a very gifted lawyer, this is not something I can pass on to my daughters or suns (but a castle or land can be). Yet you can employ your network and power to get your daughter or suns into "highly selective" universities. Where, once they are in, being smart (e.g being a gifted lawyer) matters less than "being in".
So, indeed, "cargo cultism" and privilege.
And, I would add, a problem and cause of why the startup world is so shortsighted, monoculture (non-diverse) and dogpiling on similar problems, yet ignoring others entirely. (disclaimer: I too, however, am the typical priviliged bearded white male that "does computers" since late eighties though)
People often get this the wrong way around. They believe you just need a good idea. No, you need social circles that can invest in your idea. Investment improves things over time.
Alan Kay talks about this. That the quality of the project is the quality of the funders.
You can have good ideas, but if you don't have access to funders, your good idea will not have the resources to become a great idea.
The essay (intentionally, no doubt) doesn't pick a side in this fight.
It's very clear on why you should go to the best university: not because it will make you the best founder, but to meet the best co-founders.
> And if you want to start a startup you should try to get into the best university you can, because that's where the best cofounders are. It's also where the best employees are. When Larry and Sergey started Google, they began by just hiring all the smartest people they knew out of Stanford, and this was a real advantage for them.
It doesn't matter whether elite universities are meritocratic or terribly unfair: either way, they've been the source of very many successful companies over the last 30 years, and Paul Graham is betting on that continuing to be the case. (Unlike Peter Thiel, for example, who is telling kids to drop out).
That said, I think the biggest risk for ambitious young people reading this is black and white thinking about getting into the right school. Successful founders are relentlessly resourceful, so while it's a decent plan to target a top school, I believe that how you handle rejection and refocus your ambitions says more about your long-term entrepreneurial prospects than being accepted would have. Focus on what you can control, play to your strengths, and on balance you'll get better outcomes.
> ‘Mere determination and resourcefulness’
... is actually really a test of class position. Your motivation to pursue and pass those artificial goalposts is in most cases going to be directly co-related to the values and expectations that the people who surround you have. Mommy and daddy and their friends at the country club expect it.
CS education is good all over the place, not just Stanford or MIT. And CS education pulled out of books and through self-reading is also great. But knowing that said person went to Stanford is a signifier to the VCs that said person is acculturated into the class and culture of capitalist administration.
More mind boggling is seeing them admitting to the "cargo cultism" (which I'd just call "class bias") instead of the usual ideological cover of entrepreneurialism and the "American dream."
The more I try to plug myself in, the more it seems like starting a company at this age is borderline schizophrenic delusion.
Looking back, when I was the age in the article I was way too insecure and nervous to be able to take this advice. Looking at it now I think it is great and want to set my children up with that way of thinking.
I am 34 and found the message inspiring.
Did not expect this tbh. So many people here worried about the future of programming but PG believes we're safe! Alas, something positive!
1. 15-25 year olds who do programming passion projects are often attracted to video games. Video game companies are not "startups" in the sense pg means here. You will not get rich by indulging a passion for the entertainment industry.
2. You do in fact need capital to do a startup, and there is a lot more to getting that than just having cofounders and something you're interested in.
3. "What you need in a startup idea, and all you need, is something your friends actually want." This isn't really true, is it. I thought there is another pg/ycombinator essay somewhere that warns people away from specific types of startup pitches, and one of them is something like "an app that tells you about events in your local community". Supposedly this is one of those things that everyone wants to use and everyone wants to work on, but which never turns into a successful startup.
There are actually a lot of things that your friends might want which are not startup material anywhere except Sand Hill Road, mostly because there are lots of things people want but won't pay for. A sad example of this is developer tools. If you take pg's advice literally and learn programming, hang out with other people who do that and then do projects with them, soon you will see lots of sticky doors that look like missing bits of infrastructure. Unfortunately startups that do dev tooling aren't a good way to get rich. Developers generally don't or can't buy things, so you have to sell to their CTOs and thus all the money accumulates in companies like Amazon or Microsoft. Example of what happens if you try, even with great PMF: Docker.
Most kids with ideas in the world don't have the contacts or work visas to raise money from US VC firms. They need a project that people will pay money for immediately. Unfortunately, one of the side effects of the size of the US VC ecosystem is that if someone comes up with a good idea that takes off and they try to grow like a normal company, and they aren't taking VC money, then they will be immediately outcompeted by someone who does, simply because whoever does have that access will engage in market dumping until there's nobody else left except other VC funded startups. One of the US funded companies will end up taking the entire market even if they are burning money with no hope of ever balancing the books, but that's OK because one of the VC's other investments can always be persuaded to give a clean exit.
Example: DailyMotion (European) vs YouTube (US). At the time YouTube was bought they didn't have a hope in hell of ever being a standalone business and didn't even care to try, but they were down the road from Google and were scaring Larry/Sergey/Eric with their success. Buying a company if you can just jump in your car to go visit them is easy, if you need to constantly do trans-Atlantic flights, not so easy. It doesn't make sense to bet on the "grow like crazy and wait for an exit" strategy elsewhere. WhatsApp is another example of an MTV based company that had no strategy beyond grow-and-exit. I actually made a WhatsApp-like app a few years before the smartphone revolution hit, and my friends thought it was awesome, but I had no illusions that it could ever be a business. And indeed none of these messenger apps ever have been. In the world of "startups" (vs small businesses), you don't necessarily need to care.
There is imo so much wrong with PG's post, but as an European the whole proximity to tech thing feels very real. I remember seeing a talk by Craig Frederhigi where he also made fun of the fact that at least 50% of his success came from just being present in Silicon Valley / Cupertino at the right time.
Apple, Patagonia (and its predecessors), WhatsApp (pre-FB), Trader Joe’s (pre acquisition), Yahoo! (pre-‘99) are some that come to mind for me. Any others?
If you want to play the “next Google” game, get ready to be disappointed by Lady Luck.
* Have a rich family to get you into an elite university and to give you the financial independence to start a startup
* Be lucky. Only ~1% of all startups succeed.
https://medium.com/insurge-intelligence/how-the-cia-made-goo...
https://medium.com/insurge-intelligence/why-google-made-the-...
(I don't know how truthful these articles are, but found them interesting to read.)
99.99% of people who read this article are not going to start the next Google. Being a successful entrepreneur requires an incredible amount of luck, timing, skill, and risk taking.
If you choose that path, great, but that in no way devalues the skill building, network building, and predictable income of working for someone else.
I also disagree about the incredible qualities entrepreneurs need and hardships they have to endure. Many incredible businesses are just good product + good distribution. Many kids think starting a startup is practically impossible, and pg correctly points out that it isn’t.
All the money and power in the world keeps consolidating upwards with the people closer to the apex of the pyramid deluding others that consistent climbing will help others reach there.
A tale as old as time, but due to exponential growth of tech playing out much faster.
There are certain people that deeply desire this and that understand their chances of success are low. Nevertheless, these people want to try and find encouragement in these types of essays.
You don't need to be upset that this isn't for you. There are all sorts of shapes of people in the world. We benefit by having curious people at all strata of society, exploring various sorts of ideas and problems. It keeps us from deadlock.
Kinda, but this skips over the whole Facemash thing https://www.thecrimson.com/article/2003/11/19/facemash-creat...
Facebook was actually based on something he was hired by Winklevoss to create, and he decided to keep it for himself instead of delivering it. That's the "naughtiness" that YC seeks out in its Founder application process.
Note, by the way, in the recent "cancellation" of President Gay, the false claim that behavior like this would get a Harvard student expelled (although Zuck did end up "expelling" himself.)
> The empirical evidence is clear on this. If you look at where the largest numbers of successful startups come from, it's pretty much the same as the list of the most selective universities.
In that sense, I do strongly agree with the overall conclusion, "That's it, just two things, build stuff and do well in school." Building stuff for your own edification, and soaking up as much knowledge and relationships while you're in school, is really sound advice that works regardless of your end goal.
A family friend was recently admitted to a magnet school - it's not like an Ivy League level institution, but it's fairly prestigious in the area, and not easy to get to. I need to make sure to remind him that while it's good that he's feeling academically challenged, he should also focus on building friendships with people who are statistically likely (much as he is, tbh) to be successful in life - they can help pull him up when he's down, and he can do the same for them.
I didn't get that much out of college, academically - but the relationships I built there got me my first two jobs, and I still treasure the friends I made there.
You only get rich by starting your own company if you win the startup lottery. Otherwise you're better off getting a high paid job.
"strongest" is highly subjective. I also don't think we should make things up and pretend the other person said them, which is much more commonly used to strawman, but steelmanning involves the same process.
Interesting comment; seems at odds with what a lot of others seem to think at the moment. But time will tell. I suspect he’s right.
So Leetcode is actually a good way to hire?
Is this the guy that a lot of HNers look up to?
Matt Levine, as usual, has a great take on the phases of life of a partner/founder of a hedge fund (which a VC fund basically is), and PG is deep in phase 3: https://www.bloomberg.com/opinion/articles/2023-11-07/bridge...
I will say that unlike GPT-4 he is an objectively good writer (ie has very good style) most of the time, so the essays tend to be somewhat entertaining to read.
Opinions may differ but to me this sounds really pathetic. "[B]lathering about literature." Maybe he is addressing a room full of social outcasts.
Yes, there is so much money that has flowed through Google, it's truly astounding, but nevertheless, beyond fortuitous circumstances, this has only persisted because of dissemination of online ads and anti-competitive conduct. Is there is any kid who is thinking, "My dream is to put ads on every screen and collect more data about peoples' lives that has ever before been collected. Settle all the lawsuits against us for violating peoples' privacy, pay off all the regulators, fire people by the thousands, let harassment run rampant amongst our managers, and destroy eveidence so the government cannot catch us breaking the law." All they see is the money and hype and, during ZIRP, lack of comparable alternatives in terms of opportunity and compensation.
Silicon Valley VC telling kids that learning how to program is more important than getting an education, advising them to go to university not for the education but to find "cofounders" and employees. Hard to rationalise how this would be healthy advice for anyone.
This is literally true, but it's disingenuous. Not every job has a boss telling you what to do. Many jobs hire people for their expertise and pay them to solve problems for them, and in these kinds of jobs the employee collaborates with her boss on deciding what kinds of problems you will work on. Of course, it will only be enjoyable if the company's problems are aligned with the employee's interests.
If you are a technical expert with the kind of ability and acumen needed to run a successful start up, I would argue that it is at least as easy to find a company whose problems are aligned with your interests as to find investors who will truly let you pursue your own interests with their money.
"Making it" as a startup founder should be seen in the same class of success as making it as a rock star or an actor. There are lots of aspirants and hardly any of them succeed. Even though some manage to become wildly wealthy, the prior expected payoff is negative.
And that's a huge if. PG's view of regular jobs might be colored by his own experience (working for Yahoo after they bought Viaweb--of course it's going to jar when the thing you built is now owned by someone else that you now have to work for), but it's still the case that even the best case regular job (and of course most regular jobs aren't the best case) is going to give you significantly less autonomy than owning your own company--because you don't make the final business decisions for a company you don't own. If you're the type of person that's going to jar (and I suspect PG is that type of person), you're not going to like even the best case regular job.
> "Making it" as a startup founder should be seen in the same class of success as making it as a rock star or an actor. There are lots of aspirants and hardly any of them succeed. Even though some manage to become wildly wealthy, the prior expected payoff is negative.
This is probably true if you take VC funding, since VC outcomes are basically bimodal: either "huge win" or "tank". I'm not sure all startups actually need to take VC funding, however.
The challenge with programming as a career now is that most of the solely technical problems have been solved. If you're looking for the YC playbook, start a SaaS that solves a specific problem that people will pay you for, those niches have been very carefully picked over for the last 15 years, and there are few that are very profitable remaining.
Most of the big remaining problems are ones of incentives - they are cases where a whole system is fractally fucked up, with lots of human actors all doing what is individually best for themselves but with a sum result that is a net negative for humanity. If you study the housing crisis, for example, you end up with municipalities that need ever-rising housing prices and ever-restricting supply to balance their budgets; residents who depend on their rising home prices to fund their retirement; developers who need to work within the local regulations that are explicitly designed to make their lives difficult; and young people who can't move out because a second mortgage that requires their parents' ever-increasing home equity was used to fund their college education. Finding a better way to build houses doesn't help here; you need to work around all the people who actively don't want you to find a better way to build houses.
There is room for software here, but often in subtle and what seems "evil" ways. Your problem is other people; software is useful to the extent that it lets you work around other people. Technical skills are table stakes for this, but understanding people and their incentives is critical for this work.
To maximise their chances of success, Paul suggests:
1. Become a builder: Gain expertise in technology or other fields you're passionate about. (Does not have to just be coding, either!)
2. Start personal projects: Build things you and your friends find useful. Paul suggests this is the fastest way to learn and potentially discover startup ideas.
3. Collaborate: Work on projects with like-minded people. This fosters skill development and could lead to finding potential cofounders.
I liked how Paul also emphasises the importance of good grades in order to access top universities, where you'll find other bright collaborators.
There are obviously many other paths, but if I wish I had this advice at 14 or 15.
I don't disagree with Paul's choice to focus on entrepreneurship and getting rich here. If you're looking to excite people, tell an exciting story. Captivate imagination. No one gets pumped up (especially at that age) at the mediocre story.
What I find great about his advice is that it is by no means limited to entrepreneurship. Working on passion projects, doing well in school, and learning how to build relationships is valuable even if you're working for someone else.
There's a big space in tech jobs between the "grinding away at code/help desk" and "startup bro" that I feel doesn't get described enough. And that's one thing I'd tack on to Paul's advice, notwithstanding the need to sell the message above. That advice he espouses can also lead to being a really standout contributor at a tech firm, and probably with a higher rate of success than getting a startup to stick. One doesn't have to form a startup to contribute ideas, and there's good money to be made in that space.
I think your choice of wording above is important to call out: The advice "maximizes" the chance of success; but it doesn't guarantee it.
Overall, completely agreed. =)
To my mind, to immediately relate to kids in the UK, I would need to say TikTok, Instagram, YouTube, Oculus, iPhone, iPad, and such, and not the company name.
Same thing as Packard & Hewlett when they got the ball rolling . . .
Worked for Edison too, he really got in on the ground floor when it comes to electrons.
* as many(interested projects) -> tech -> product ideas
* Grades -> top college -> co-workers
One had a full 3d rendering engine implemented in Dartlang written in 48 hours. Another was a minecraft top down rpg clone.
Dude is the Bobby Fischer of tech
* [X] Skills to build those ideas
* [ ] Runway to develop those ideas
* [ ] Someone to help find money to provide runway
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Isn't this a bit misleading and can only be true for companies that don't take VC money or never go public (ex: Basecamp/37 Signals)? For VC funded or public companies, ultimately you'd have to be responsible to answer to your shareholders.
It's a valuable experience with a lot of potential upside in the long haul - but let's not pretend that it's less taxing than a cozy 9-to-5 tech job where your boss might ask you to update your OKRs once in a while.
Yeah but that boss is paying you mid 6 figs or even 7, plus comp and other stuff, then maybe it's not so bad. Why else are these tech companies inundated with so many job applications if having a boss is supposed to be so bad. I think this guy is still stuck in a '90s or early 2000s 'Dilbert' mindset when salaries were way worse and bosses had more leverage and employees were closer to being like slaves. A lot has changed. .
Your boss's job is to oversee the minutiae of your day-to-day activities. Like in most workplaces, you can't choose to just chill for a few days, work only at night, or choose to avoid meetings for a few days, etc.
You will have a level autonomy and the ability to change directions/features, etc. that you cannot have working for others.
"Of the 137 people in the global study who achieved billionaire status in the 12-month study period, 53 of them inherited $150.8 billion collectively, more than the $140.7 billion that was earned by the 84 new self-made billionaires in the same time period, the UBS study says.Nov 30, 2023"
The citation for this quote appears to be https://www.forbes.com/sites/maryroeloffs/2023/11/30/new-bil... , but I don't believe that limits to those "that occasionally get published in the press".
go to a casino, throw your life savings on one number. if you win, tell everyone how you gave it all and you manifested it by pure will. if you lose, nobody will ever hear from it.
in addition, pg is so heavily biased on this and should never be taken as gospel.
Pretending like all 8 billion people have the same opportunity to be the next Jeff Bezos/Elon/Jobs is misleading.
My advice for the 99% is to the best you can and foster family and friend relationships, work less, and get out of the mindless consumerist game.
If you personally want to be an employee, fine, but a cultural value for entrepreneurs is a good thing to have and should be supported.
Unless you're born with a silver spoon in your mouth, the best (safest, surest) way to start your entrepreneurial journey is to work for someone else. The goal is to learn everything about the rules of the trade and expand your network—these two things you don't get from school—while being paid to do that.
On the side, do what PG says to keep your entrepreneurial spirit and avoid "comfort zone" i.e pursuing your career (which is actually fine, but we're talking about starting a business right).
Probably you won't end up building Google. But hey, maybe with this approach, you can give a silver spoon to your offspring.
You could start a sewing business with few clients at most. Thats still a start up and will make you just as successful and happy and content and will help your local community and if you are good at it become bigger over time. This is how humanity has evolved. These big tech startups are a thing since the last 20 years maybe. But businesses have existed for centuries and they all start with small projects.
But this writeup focusses on these billionaires and tech startup culture so much that it misses to focus on the part - 'do your thing and it might not be programming'. Now being a founder of Y combinator might make you biased to look at only programming and tech companies but it's a shame because tech companies only show up as giants in share value. The tangible world of businesses is vastly bigger and includes millions of startups serving billions that such people will miss completely maybe because they don't have a website or a ticker in NASDAQ.
Such a sad hustle world we live in that we forget your local falafel vendor is also a startup who probably will expand to multiple falafel carts over time.
People like Paul Graham telling 14-year-olds that basically getting rich is the most important thing is one of the reasons we got into this late-stage capitalism nightmare in the first place. Fuck this.
Edit: Sorry, to update after my rant. So many things wrong with this advice. For most people, starting a company is not the best path to happiness. Sure, if you have a job, there's a "boss" that tells you what to do as Graham notes, but if you think for a second you can do whatever the fuck you want when you start your own company, you're dead wrong. Of course, Graham knows this.
But I mean this is the guy that foisted Sam Altman onto the world, so clearly he already knows that. Which makes an article like this understandable as the propaganda that it is.
You don't write an article like this to influence kids, you write it to rationalize the giant pile of money you find yourself sitting on.
I know too many people born rich who think exactly this. And in their experience it works like that; they have no money stress anyway, take a little bit more risk and if it fails, well, they just fold and brag about ‘at least I tried’ and then try again or, you know, sit on the boat and get slobbered. Same thing. The rest of us don’t quite have this and especially bootstrapping your own company is hard, really hard; you will be doing a great deal of things that have nothing to do with what you want or set out to do and those probably turn out to be more important than what you started it for.
14 year old need good role models (preferably from their trusted social circles). These people should, ideally before the child turns 14, give him or her a strong moral framework to judge advice that they might come across.
On the topic of being rich (which can be a good goal if pursued along with a strong moral compass), it's much better to take advice from a Paul Graham rather from some grifter selling courses on "how to be a rich as me" on the net.
I don't think that's a fair summary of the article. Yes, he says you can get rich. But he also says, and says first, that it's less annoying and more fun (and also more actual work).
Then for the rest of the article, he doesn't harp on "you can get rich". He talks about getting good at some technology, and doing projects because they're interesting, and finding other people to do things with.
- Concretly what's the late-stage capitalism nightmare? How do you define it and what do you compare it against?
- What do you define what PG is concretely telling kids and how that's related to what you describe as capitalism nightmare.
Finally, would you care to share some examples of better scenarios that could inspire advice for 14-year olds?
>In fact, this is the standard way to get really rich.
No. The standard way of getting "rich" is to get into a good career that pays a lot. Before Silicon Valley, people got "rich" by working at Wall Street, law or Congress. Getting rich through business is a lottery.
I would have attributed this article from Graham to relative inexperience had he written this early on, say in the 2000s. But him writing this now is just bad-faith preaching intended to give VCs another lottery ticket with a very low success probability of forming a unicorn.
And for the record, 14 and 15 year olds, the best way to get rich is still Wall Street, Congress or law.
I suppose the strongest criticism would be that pg's advice outlines necessary conditions to start the next Google but are not sufficient. Yes, the stuff you "make" needs to feel like a fun project, but without the "...something people want" then your company will not make you rich. As with any advice, there there will always be exceptions ("do you really need a cofounder?") but as far as "here is some advice to achieve x", where x is "create a billion-dollar company" this isn't a bad start.
One of the reasons is my background, besides ‘building my stuff’ I was very busy fighting the obstacles most of the people in a developed country would never meet. Or most of the people having parents would never meet.
Life got me in the middle of building a very nice thing, giving me obstacles I couldn’t manage. Then, when I was climbing out of it, there was the pandemic, which messed many things in my life.
I just migrated to Ukraine back then, and you all know what happened next, the Russian full-scale invasion. That’s only the public events, I’m ignoring all the personal stuff here.
Saying that, for me, it was about five years, at least, I paused with my projects. Some of them are slightly irrelevant, some are not. There are ones I still believe are very good, even now when I’m older and more experienced. I got a huge load of non-professional experience over these years, and it helps me to understand the world so much better now. Will I ever find my resources for building my ideas? Nobody knows. If I’ll survive the war, I think I will.
During this half a decade I juggled stupid jobs (won’t mention why to save time, personal life events) because for a regular job I’m either too qualified or have a very different experience, non-applicable to local market. And I’m way too expensive when I work as an employee. I’m more the founder / employer type than the employee type, unemployable, as they used to brag in the Valley.
And my point is. I regret I never took my time to explore the professional life I despised all my life. This stupid CV/resume and LinkedIn idiocracy. When I had no resources, I could easily manage any enterprise job. I’m very good at stupid politics if needed, but I don’t enjoy it. And I’m very good with the software tools, so I can do your average enterprise employee workday for a couple of hours time. That proved my previous years as a freelancer, building my company, and interacting with the people I know from the corporate world.
In time of my need, I was just contemplating others earning way too much for their skills. When I didn’t even have a stupid resume, but was usually overqualified for a senior position, not to say a junior one. And no resources to learn the things I missed from this corporate thing.
Now it’s getting better due to my personal life changes, but I just lost some years of professional development. Plus loads of money I could earn on a stupid job (I won’t burn out type, as I don’t give a flying duck type).
While I’m not arguing about the point, especially as a piece of advice for teenagers, I would recommend learning other options, and get as much different life experience as you can, while you’re very young. That experience is much more valuable than all the money you can get. I got loads of money and all of that money is burned by now. I could earn more (loss less) if I would be better prepared for personal stuff in my life. As it took way too much energy and affected my work way too much.
Also, I don’t believe you build Facebook or Google when you are super young. I would say that is more of a luck thing. I believe you build something valuable when you understand what is around you and how the World works. You can build your super project at 50, why not?
And as the P.S. the Zuck story is a pure manipulation. We all know that wasn’t even his idea.
This is exactly the kind of thing that made me dramatically more ambitious and harder working when I started reading pg essays (pushing 20 years ago now), so I have a huge soft spot for the feeling/nostalgia that I got when I just let it wash over me. And it’s ultimately why I think it nets out constructive in spite of some real problems: if I heard this at 15 I would have started working really hard at 15 and not 22 or 23, and I would have started cultivating relationships with people who were going to be powerful at 15, instead of arguably antagonizing powerful people until, well maybe still today [1].
It’s got some serious problems though: the way most people get rich is by having wealthy parents, though at the apex it’s having wealthy parents who raised you to work hard and manage relationships with powerful people well [2], so given that by 15 most of that already has or hasn’t happened, I think we can generally regard pg saying that as a “useful fiction”: outcomes will improve at the mean for 15-year olds who believe him about this, or such is my prediction.
The advice about university is extremely dangerous in 2024 for anyone without a privileged upbringing because university is a far inferior place to learn things than YouTube videos aggregating all the best university lectures in history with the even more effective education style pioneered by Grant with 3blue1brown. And while trying to achieve at a level where you go to Stanford without a mountain of uniquely nasty debt [3] is strictly a good thing in high school / primary school, actually going to university via debt is an extremely dicey proposition if you miss and that distinction is tough to sell to that audience.
Better advice would be to start learning from the best educators in the world via a YouTube Premium subscription concurrent to high-school studies (and making them whiffle ball on a curve compared to peers that don’t), try to get a scholarship to an Ivy or Cal or something, but go to community college or directly into the workforce (Work for a Startup™) if you miss and don’t have graduate study on the agenda.
Mostly the feeling I get is that pg and his essays these days sit in the Venn between “well intentioned”, “aspirational/idealistic” and “not true”. It’s a fine line sometimes between “aspirational” and “false”, it gets finer yet in light of Sinclair’s Maxim [4]: what might be dismissed in a low-effort way as “out of touch” or even “self-serving” is trivially unfair to pg. He has his own family he could be spending time with instead of speaking to young people, he doesn’t need or seem to want any more money. He’s just past the point where he can de-leverage his intellectual and emotional investment in a world that doesn’t exist anymore: he’s the LTCM of serious intellectuals in technology. The book about that is called “When Genius Failed”, and John Meriwether is a brilliant man who lived by an admirably robust ethical code in a very rough neighborhood.
[1] The most significant glitch in pg’s firmware is that he says “smart and hardworking” when he really means “good at becoming powerful”, a direct quote [5] about his protégée illustrates this very clearly.
[2] Pick a list of very rich people and click on all the links, a fine starting point is https://en.m.wikipedia.org/wiki/The_World%27s_Billionaires.
[3] Yes there have been some modest reforms, no it’s not fixed: https://www.bbc.com/news/business-67546893
[4] At the top, a man’s living can be about intellectual as well as financial capital: https://www.goodreads.com/quotes/21810-it-is-difficult-to-ge...
[5] I’ve known too many YC alumni too well for too long to even engage with any hatchet job on a piece that if anything understates the reality: https://www.newyorker.com/magazine/2016/10/10/sam-altmans-ma..., please don’t prey on my worst instincts by tempting me to cite documented examples and credible primary sources.
Larry. Sergey. Mark Z. Steve.
All of these people were born into families where both parents either had advanced degrees or were well off due to their success in the field. Failure for these people does not mean much. Maybe just a hit to their egos. But otherwise they keep living life, just not as the billionaires of today.
Actaally if you look at those lists, the largest number made it by choosing their parents correctly.
And actually it's a stupid point to begin with; making a point by choosing the absolute top percentage as if there is nothing other than 'really' rich (forget whether that is even a good thing I'd argue it's not a plus to have that much money and notoriety). There is of course 'lots of money' or 'comfortable'.
Irony also that Paul is probably not on that list but even if he was it's not because he 'built a google' but rather he decided to be an investor and incubator spreading bets over many potential winners.
Also ironic that Paul had decided rather than making more money he'd rather spend time with his family.
The $ offered by YC wouldn't even cover a typical salary for a single coder or an adverting budget, although being chosen by YC does help to some degree in the latter though. Same for Thiel Fellowship: Not much $ either. You need a lot more than being offered by these incubators, which is a pittance. Back in the '90s it was easier to get decent funding, plus costs were way lower even adjusted for inflation. Now it's huge competition for bread crumbs, plus huge expenses.
On Reddit investing and 'FIRE' subs, way more young and middle-aged people getting rich (as in 7-8 figures) with lucrative white collar jobs or being early in a start-up, plus investing in stock market and real estate, than creating actual companies.
You can do well in computer science classes without ever really learning to program. In fact you can graduate with a degree in computer science from a top university and still not be any good at programming. That's why tech companies all make you take a coding test before they'll hire you, regardless of where you went to university or how well you did there. They know grades and exam results prove nothing.
Yeah, theoretical computer science is not the same as coding. The guys who did theoretical AI work seem to do okay though.
If I look here, top 20 are 17 founders and 3 heirs (2 Waltons - Walmart, and one Bettencourt - L’Oreal)
99% or more of the people who enable Google to do what Google does are employees of Google. Same with every other company. The odds of being the founder of a successful company are probably worse than being a professional sportsball player (if only because they turn over more frequently).
Does anything good come from encouraging kids to think that they will manage to sail through life as a successful business founder rather than an employee?
Does anything good come from encouraging people to ignore the actual situation that the overwhelming majority of the population finds itself in, and instead focusing on some essentially impossible pipe dream?
Obviously, every successful company does have founders. But so does every unsuccessful company. And what actually powers every successful company are its employees, not its founders.
The absolute worst of SV thinking, personified.
I would imagine dreaming big is pretty good for children.
A big reason for why I'm optimistic in life is because I have hope for achieving something. I truly can't imagine a life where my father/mother would only hammer in the fact that I am just an average joe and should stick to climbing the corporate ladder. Such an uninspiring take, this one. Depressing.
But like you said, this is peak SV. Luckily there is a whole world outside of SV where the rest of us operate :)
I’ve founded failed startups. I don’t regret a single one of them. I’ve worked at failed startups and big companies and I learned more and had more fun at the startups than I ever did at a big company.
The point is, if you try to found a company, you don’t have to make a billion dollars to consider it a success. In terms of personal growth it’s easily the equal of any big company job.
Sure, they aren't all mega behemoth tech companies, but what of it? Setting your ambitions high when you're young is still worth it. It can be a major difference maker in motivating you to learn the skills necessary to build a successful business, and it turns out that those same skills are helpful for landing good jobs, too.
Most of the people I know who are doing well now dreamed relatively big when they were young. And many of the people I know who stress about making ends meet never had anyone telling them to aim high when they were young.
If you believe you can, you might try, and you might make it. If you believe you can't, it's madness to true, so you won't try, and you won't make it. These are basic building blocks of motivation and success.
Your pessimistic message could be applied to anything. Why try to build the next Google? It's impossible! Why try to build a smaller business? The odds are against you! Why try to get a high-paying job? Most people work average jobs! Why go for an average job? You're competing with the vast majority of the country! Why get a less-than-average job? It's so stressful and barely worth it.
- Get good at tech - Build projects that you want - Get good grades and into the best university you can
I really hope my kid does that. I tried incredibly hard at projects I loved. That built me untold skills. Who cares if they start Google, or fail and get a job or get aquihired, they’ll be fine. They’ll know what their boss wants. They won’t just sit and bitch about parking. And at the back of their minds they might remember that this isn’t the only way to live so maybe they’ll be braver than they would otherwise.
If one is trying to recruit future Sergeys Larrys, then it’s prudent to write to a very narrow audience.
This article addresses that audience perfectly well, imho.
> The absolute worst of SV thinking, personified.
… or maybe the best.
This is not “general life advice from pg”. It’s highly targeted and narrow.
That’s ok. That needs to be ok. It’s one of those things that makes SV unique and uniquely strong, imho.
Edited to add the following:
The advice goes from broad (you don’t have to get a job, you can start your own company) to very specific (how to start a hypergrowth startup), with lots of other (good, imho) advice in between.
This will resonate with some folks in the (ostensibly high school) audience, many of whom may be unfamiliar with startups, the startup world, and maybe even the tech world in general. It will fall on deaf ears for most of the rest, because that’s not the life or lifestyle they are looking for.
From a psychological standpoint not aiming high would have been a bigger miss to the person taking the shot. They clearly chose risk no matter how they sulk afterwards.
The ratio of posts about "work-purpose porn" for employee bees and pipe dream madness for misfits is never going to satisfy everyone on HN.
Maybe a big part of the founders' skill is to actually hire the right management which in turn is capable of hiring the right employees. In which case, the credit goes to the founders after all.
Or maybe the quality of employees does not vary that much (after controlling for the the obvious factors like location / funding / business area). In which case, the company's success is explained by something else. Again, founders' skill? Or maybe something else?
I tend to think that it's a combination of founders' skill and being lucky to start the right business at the right time. I'd understand if others put greater weight on the founders or greater weight on luck.
And even if you fail to become Google, you might still make a living. Some people would gladly make a modest income doing something they love, with the possibility of making more, rather than working for someone else making three times as much but doing something they hate.
As for what good comes of it, just think about it. Where do new companies come from? Should we have no more of them? What would happen then?
I think it probably has a lot to do with the US being the number 1 economy in the world so yes, it does appear to have society-wide benefits. Does it have personal benefits? I think this is probably more controversial. I suspect some people push themselves too hard and would have been happier otherwise, whereas others do indeed benefit from this advice. I suspect that the users of HN probably fall in the latter category.
I also want to point out it shouldn't be a surprise to anyone that most founders come from well off backgrounds. Their parents can essentially foot the bills while they're getting things off the ground combined w/ the natural access to capital growing up in wealthy circles provides.
Currently Michigan's idea of business development is to write big checks to folks who promise thousands of jobs.
Yet when the automobile industry got started in Michigan no one wrote them any government checks yet it became our largest industry. We can do much better and more startups is the answer.
> You can't know whether it will turn into a company worth billions or one that goes out of business. So when I say I'm going to tell you how to start Google, I mean I'm going to tell you how to get to the point where you can start a company that has as much chance of being Google as Google had of being Google.
Depends on the size of company. A small company maybe is more probable than being a top athlete.
Yes, VCs flourish by it.
Tell the kids to study, don't sell them an unobtainable dream
However, packaging it under a "being a mere employee is lame" mantra... Is lame!
But I'm curious. Why do you think that doing something which is maybe not study related is a bad idea?
("Maybe not" because ie. john Mayer is both a rockstar and a Berkelee grad)
I hear things like this a lot and I'm sick of it. There's nothing wrong with working for someone, in fact it's the best way to improve your skills as a beginner since you're going to be mentored by people much more experienced than you. I still call my first boss to this day.
But of course this is all made up. Nothing has any real value in this sense. We just each get 100 years on Earth and we each get to decide how to spend that time. Those are the facts.
The entrepreneur worship culture is simply about making people who make those choices feel better about those choices. And as another commenter has observed, most of us are no more likely to make it as an entrepreneur than we are likely to play for the Lakers.
So, yeah, "a boss telling you what to do" is fine if it works for you and gets you what you want out of life. Some of us just don't give a shit and don't want to spend a lot of time thinking about things like market fit and business transactions and valuation blah blah blah.
The standard way for a young 15yo to get rich, is to be passed on wealth by their parents. But starting a company can probably work, occasionally enough that we can use it as a smoke screen.
> You might have thought I was joking when I said I was going to tell you how to start Google. You might be thinking "How could we start Google?" But that's effectively what the people who did start Google were thinking before they started it.
We shouldn't be telling young people to start companies like Google or to aim for being really rich in the first place. We should be teaching children how to be more sustainable. Companies like Google are a net harm to society and the really rich like Sergey Brin and Larry Page are parasites, promoting the unsustainable ruthless capitalism that has caused the immense climactic problems of the world today.
- I agree that we should tell young children to aim for sustainable companies
- I at least partially disagree with warning against the unsustainable ruthless capitalism in case your sustainable ideas do get really big. Some companies would get really really big, and I would prefer to see those reaching there to be those who had a (comparatively) caring mind (the others would not listen anyway)
- but I would agree to explain young children that what and where they buy does impact climatic problems. And that supporting small-medium sized companies (or creating one) is the most beneficial for our future
How irresponsible.
So no word about funding from the CIA and NSA. If you want to build something that changes the world in such a profound way as Google did, you can not possibly expect the powerful not having a word with you. I am inclined to believe that these days you will need influential "friends" with aligned interests at some point.