From Stanford dropouts to Zepto Founders

Discussion in 'General Distance Learning Discussions' started by AsianStew, Aug 11, 2022.

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  1. AsianStew

    AsianStew Moderator Staff Member

    AsianStew, Aug 11, 2022
    #1
    Dustin likes this.
  2. nomaduser

    nomaduser Active Member

    If they can start that kind of company, they're already super rich... or their family is rich.
     
    nomaduser, Aug 11, 2022
    #2
  3. Johann

    Johann Well-Known Member

    It says cash injections from investors - venture cap.people I guess. Latest was $200 million. Nothing said about their families, except they had quite a job to convince their parents they should drop out of Stanford - but they did. I don't think people like these two, or Gates, Zuckerberg etc, rely much on their folks for investment. Doubt if Mom and Dad move in financially stratospheric circles. They usually don't.

    Maybe young entrepreneurs give parents shares for Christmas - or Diwali, Hanukkah, Eid or other appropriate Festive Occasion. :)
     
    Last edited: Aug 12, 2022
    Johann, Aug 12, 2022
    #3
  4. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Gates's father was a high powered lawyer in Seattle. Zuckerberg's parents were a dentist and a psychiatrist in Westchester County, NY. That kind of leg up matters, and it matters a lot, even if it's just from connections rather than direct investment.
     
    SteveFoerster, Aug 12, 2022
    #4
    Rachel83az and Johann like this.
  5. Johann

    Johann Well-Known Member

    I guess it does. Even if they don't have spare zillions to invest, such parents bring a lot to the table. Thanks for the learning experience. :)
     
    Johann, Aug 12, 2022
    #5

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