A Quote by Vinod Khosla
When I started doing things on my own, I was figuring - remember, it was a very nascent market. And there was a lot that was unknown about the renewable marketplace in 2004, early 2003, when I was planning on it.
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In the very beginning, Yelp started as a service where we really didn't think people would write reviews for fun. The whole concept of user-generated content was pretty nascent in 2004.
There is a lot of volatility in the digital asset market broadly, and certainly that is true in the bitcoin market. It's been true for XRP, and I think that's because these markets are very nascent.
I seriously started drinking probably when I was about twelve. Kids are doing a lot of stuff very early.
I've been doing my record label for 15 years called Dim Mak. I started my label when I was 19 in '96. I started putting out an eclectic roster of artists. In 2003, we found a band called Bloc Party, and in 2004, we started getting remixes for Bloc Party, and at the same time I was throwing Dim Mak parties in Los Angeles.
I think there were times when I first started out, when I was covering Iraq - I was basically living there in 2003 and 2004 - that car bombs and attacks became so the norm that it was weird for me to leave and realize that no one else actually cared about what was going on there.
Go find very early versions of things: the first TV pilot of a later-successful TV show; early audition tapes by famous actors; early demos by famous musicians. Focus on these early examples, not what they became over the next 20 years. Remember that what you're doing will constantly improve.
In many ways, I am very happy about the whole Linux commercial market because the commercial market is doing all these things that I have absolutely zero interest in doing myself.
I started promoting clubs when I was 15. 1 was doing what is considered the normal collegiate stuff when I was a lot younger. I was holding my own, but doing a lot of crazy things.
In the mid to late nineteenth century, the gun manufacturers recognized that they had a limited market. Remember that this is a capitalist society, you've got to expand your market. They were selling guns to the military. That's a pretty limited market. What about all the rest of the people? So what started was all kinds of fantastic stories about Wyatt Earp and the gunmen and the Wild West, how exciting it was to have these guys with guns defending themselves against all sorts of things.
This is 2003, 2004. And then I started - after the Patriot Act, I would always get my financial packages in the mail and they would just be opened. And it was like, what is going on here?
I think we need somebody absolutely that we can trust, who is totally responsible; who really knows what he or she is doing. That is so powerful and so important. And one of the things that I'm frankly most proud of is that in 2003, 2004, I was totally against going into Iraq because you're going to destabilize the Middle East.
Real estate was one of the first things I was doing. I kinda like mistakenly fell into that. I bought a house early in my career, and in my head, it was like, if everything goes wrong, I own this one house, you know... As I started doing concerts and more concerts, I started buying more houses.
I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards to generate a greater volume of loans. Throughout 2004, I had watched as these mortgages were offered to more and more subprime borrowers - those with the weakest credit.
While the worriers are worrying, the planners are planning and the accountants are figuring out why we can't afford it, I'm busy getting started.
When we started out doing YouTube videos, I think we were very, very early on in terms of people doing a behind-the-scenes component.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in. Microsoft started with programming tools, but came out with an operating system. Oracle started doing contracts for the CIA. AOL started out as an online video gaming network.
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