Most 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 ArringtonAmerica is an unsolvable problem: a nation divided and deeply in hate with itself. If it was a startup, wed understand how unfixable the situation is; most of us would leave for a fresh start, and the company would fall apart. America is MySpace.
Michael ArringtonThere are lots of things that I will probably never experience in this life. Military combat. Being dictator of a small central American country. Dunking a basketball. Being a famous rock star. Or walking on Mars. But one thing I have been, and will always be, is an entrepreneur.
Michael ArringtonSuccess in Silicon Valley, most would agree, is more merit-driven than almost any other place in the world. It doesn't matter how old you are, what sex you are, what politics you support or what color you are. If your idea rocks and you can execute, you can change the world and/or get really, stinking rich.
Michael Arrington