It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
Sentiment: NEGATIVE
Many entrepreneurs, and the venture investors who back them, seek to build billion-dollar companies.
The goal wasn't to create a billion-dollar company. The goal was to create something useful where I could learn things.
It's difficult for any single company to develop all the applications and services.
The biggest barrier to starting a company isn't ideas, funding or experience. It's excuses.
You know, a lot of people are just interested in, in building a company so they can make money and get out.
No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult.
In order to build a great technology company, you have to hire lots of incredibly smart people. It's a total waste to have lots of big brains but not let them work on your biggest problems.
It's a terribly hard job to spend a billion dollars and get your money's worth.
What I've learned in my career is that it takes the same amount of effort to build a $10bn company as it does a $1bn company; you as the entrepreneur are going to put your entire life, your entire effort into it.
I never dreamed I could build a $100 million company. I just happened to build a $1 million company that became a $5 million company, and so on.