Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.
Michael ArringtonJust pick a political story at random and read the comments. There is no logic or reason on either side - only hypocrisy and hate.
Michael ArringtonMost people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
Michael ArringtonIm nearly certain that Google accessed my Gmail account after I broke a major story about Google.
Michael Arrington