HN user
Agree with certain aspects, but the risk-reward is clearly easier for VCs who can hedge their bets across multiple startups and earn nice salaries regardless(even after ignoring the carry). As an entrepreneur, you can't hedge bets and unless you have a had a huge B round are probably work at 50% of your market salary.
They create companies that are broken from inside, and just pumped with marketing money.
Most traditional VCs don't touch Rocket companies, they raise funding from oligarchs, old school industries trying to go "online".
[1] www.livemint.com/Companies/rYKC6HjnShogjE62jO5lpK/The-trouble-with-Foodpanda.html - Pretty typical of Rocket companies. Fake numbers, related party transactions, skimming money.
Can you point to a webpage/book discussing "the ideas of Le Corbusier in light of the findings of Christopher Alexander"?
Google didn't really help, and it sounds like you have something specific in mind.
Exactly. Top hedge fund managers regularly make over a billion every year. Even last year, with the stock market meltdown, the 25 top earners made more than $11 billion.
http://money.cnn.com/2009/03/25/markets/hedge_alpha/index.ht...
Not to take anything away from Bill Gates, but he always had a million dollar trust fund to fall back on.
(Source: http://philip.greenspun.com/bg/)
A lot of schools use http://www.applyyourself.com/
Funnily enough, Enron had the same system where if you scored towards the bottom you were quickly shown the door. http://www.time.com/time/business/article/0,8599,129988,00.h...
Of course, most big companies have a employing rating system, but Enron was different because 10-15 % people were asked to leave every year.
In his linkedin profile Shel Kaphan describes himeself as Amazon's first employee.
Discussed here: http://news.ycombinator.com/item?id=660729
Most of the times they have some prior background in the language. But often you teach to very young kids as well, in that case you are usually paired with a local teaching assistant.
The good thing is you will need to make comparatively very little amount of money. If you can make around $25K/year you can live very well in S & SE Asia, parts of S. America and I would guess Africa.
If you work as a freelance developer, and have already established a good network, it is fairly easy to lead this kind of life. Working remotely is very common, and if the client knows you are good, he would not care where in the world you are. But if you don't have an established network, it is harder to find work while you are on the road.
Starting your business is also claimed as a possibility. But I personally have not come across anybody running a successful business and spending a lot of time on the road. But I am sure some people pull it off, a la Tim Ferriss.
Oh, and teaching English. Great way to see the world, and money is good in places like Japan, Korea and increasingly China.
Even if you cannot figure out a way to work from the road, just save some money and get going. It really requires very little money, e.g. you can explore the whole of SE Asia for about $1K/month.
Good luck!
I don't think I would have come back if it wasn't for her
You mean to stay you would have stayed abroad? Am little confused as you start talking about expats dying of preventable diseases immediately afterwords
http://www.pbs.org/newshour/businessdesk/2009/05/ed-andrews-...
Original NYT author responding to recent revelations.
Where are the jobs for college grads who are not CS majors?
As someone not familiar with divorce laws and alimony, I was shocked to read that he has to pay $4k every month for child support. That makes a $120K salary almost a $50 - 60K salary after taking into account progressive taxation.
Considering the author is a Rhodes Scholar, she sounds incredibly risk-averse.
Working for a top management consulting firm is a great signal of your competence to future employers. But if you already have such markers (Rhodes Scholar, MIT, for the author) you will not gain much, especially if you do not enjoy the job.
Agree. But with a title like "What Should I Do with My Life, Now?," an article should offer some more insight than just saying the road to success is extremely complex. I realize he is differentiating himself from other self-help books that offer sure-shot 8 steps to success or whatever. But still, I, naively perhaps, expected something more insightful and inspirational.
what exactly does that imply?
Different people have to climb different staircases for success? How is that useful insight?
In Shanghai I thought the Pudong area was surprisingly empty, considering the tall buildings coming up everywhere. It is almost deserted compared to Manhattan, or even the other side of the river in Shanghai.
Did not notice this phenomenon in Beijing, however. I used to live there until recently, and know first hand that affordable office space is a huge headache.
He is also an angel investor in Xobni. So he will see some payout when they flip.
You are thinking too much. If your idea excited you, just get to it. Stop thinking if you can do it or not, just start trying and see if you enjoy the process.