A Quote by Andy Dunn
Graduating business school, I had $150,000 of debt. An investment firm offered me a steady job, but it didn't feel right. It was 2007 in Silicon Valley, and I dreamed of starting an Internet company.
Quote Topics
Quote Author
Related Quotes
When I first moved to Hollywood from Silicon Valley, I had some misgivings. But I found that there were some advantages to being in Hollywood. And, in fact, some advantages to owning your own media company. And I also found that Hollywood and Silicon Valley have a lot more in common than I would have dreamed.
If I were starting now I would do things very differently. I didn't know anything. In Silicon Valley, you get this feeling that you have to be out here. But it's not the only place to be. If I were starting now, I would have stayed in Boston. [Silicon Valley] is a little short-term focused and that bothers me.
By the time I was a senior in high school, I knew I wanted to move to Silicon Valley and learn more about computers and the Internet. I just fell in love with technology and the potential of everything the Internet had to offer.
I ended up buying business.com for $150,000 because I wanted to make it a magazine. It would have been a 'Time'-type magazine: how to do business on the Internet. And I was offered a lot of money for that domain. I played two buyers against each other.
Windell Oskay is the co-founder of Evil Mad Scientist Laboratories, a Silicon Valley company that has designed and produced specialized electronics and robotics kits since 2007.
Just the number of people - 'Silicon Valley''s a relatively small, core cast, whereas 'The Office' was enormous. Also, I feel more of a sense of ownership of 'Silicon Valley' because I've been there from the get-go.
About two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt.
In most parts of the world, starting a company that goes bust is dubbed a 'failure.' In Silicon Valley, we call this 'gaining experience.' We are willing to take the risks that are inherent for innovation.
One of the great things about Silicon Valley is, irrespective of how competitive you might be with another company or how closely you might be working with that company, there's a great sort of give and take, and camaraderie from - between - some of the executives in the valley and some of the other investors in the valley.
Silicon Valley, after all, feeds off the existence of computers, the internet, the IT systems, satellites, the whole of micro electronics and so on, but a lot of that comes straight out of the state sector of the economy. Silicon Valley developed, but they expanded and turned it into commercial products and so on, but the innovation is on the basis of fundamental technological development that took places in places like this [MIT] on government funding, and that continues.
There was a point in the late '90s where all the graduating M.B.A.'s wanted to start companies in Silicon Valley, and for the most part they were not actually qualified to do it.
When I was in high school and college, I'd always been into websites, and when you'd read about sites and the companies and people behind them, they were always in Silicon Valley. This one's in Mountain View, this one's in Palo Alto. They're all right here. I knew I wanted to move out here, whether it was to work at Google or some other company.
In 2000, when my partner Ben Horowitz was CEO of the first cloud computing company, Loudcloud, the cost of a customer running a basic Internet application was approximately $150,000 a month.
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
There's nothing normal about graduating with massive student debt, where you live in fear of predatory debt collectors and wage garnishers even as you are starting to live your life.
I feel for young people today. When I came out of law school, yes, we were broke, we had kids, we had problems. But it was straightforward. I didn't have to say, "My God, I am $80,000 in debt, I have to get a job, I have to pay it back, my life is ruined otherwise." We were able to go forward and work toward building something new, and that's what we did. Today many lawyers are unable to feel free to be advocates.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman