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Yes. Lots of people have built successful businesses with just a phone.


I would love to hear more about this.


Best shared content on HN in a long time. I love the thoughtfulness and thorough analysis of the winners and losers of each strategy.


You should try to join an established later stage startup. Think about the skills that you have acquired and the experiences that you have been through. Very few people are able to start with an idea an execute a product. If you have experience selling to customers that is also a big plus. Later stage B2B companies are always looking for good salespeople as well as creative problem solvers. Your experience with the start up is a plus if you can frame it properly. Many of the people who I know that are now successful actually failed with their first start up. They were able to bring their learning and determination to help their current company succeed.


Look carefully at the number of jobs created. Some companies have less than 100 employees with >100 million valuation. I believe that Heroku had just 40. It’s amazing how small these teams are and what they are able to achieve.


Humans


I think that the Whole Foods acquisition now gives Amazon a physical footprint to compete with CVS, Rite-Aid, etc. Imagine ordering online and picking it up at a Whole Foods. After this step, they will find ways to fully by-pass the physical store and ship you medicine directly via Prime. There is a lot of money in the pharmacy business and a lot of opportunities for Amazon to enter this market and disrupt it. I don't think that any of the incumbents have the technological capabilities to compete with Amazon's supply chain. The question is not if they will enter. The question is how and how fast.


To put it into context, Whole Foods has less than 500 stores, compared to 8200 and 9600 for Walgreens and CVS.


Whole Foods also doesn't currently have a pharmacy, unlike many other grocery chains.


Some things to consider from this article.

1. Olin gives free tuition or reduced tuition leading to almost no debt. There is probably a positive correlation with not having school debt and starting companies.

2. Olin has a very small population size. The best and the worst cases can always be found in small sample sizes.

3. Schools such as Stanford, Berkeley, MIT, etc. have a wide range of students with wide range of interests. Most people do not go to these schools with the sole purpose of being an entrepreneur. There are many people that become doctors, writers, researchers, etc. and benefit society in other ways. Measuring just one narrow dimension may be understating contribution in other places.

4. Olin seems like a great place. It's small enough and independent enough to take chances in how it educates its students. Most older and more prestigious are more conservative in their teaching methods. Since Olin is fully endowed by one person with an open vision, they are able to do things that other institutions cannot.


They won't do that. The current arrangement with Google is quite good for both parties. It's not smart to start another battle with Google unless there is some to gain. 3 billion in profits is quite good. It's hard to imagine how Apple can make that much profit from their own search engine.



Sounds like a terrible way of doing work. If you are expected to react to everything sent your way you never get to do any deep and meaningful work. Furthermore, running around and firefighting all the time does not give you the time and space require to learn, reflect, and improve. More people need to think about the long term impact of their work habits.


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