Meticulous planning and noticing a really potential addressable market opportunity is what’s needed. Far too many hasty startups today. As Thiel says, the product or service must be a x10 improvement and not incremental. This may take a while but good luck. I’m in the same boat but we’ve just got to embrace our inner frontal cortex and think. Patience is key.
From the bottom of my heart I want to say thank you Garry Tan. I have been watching you since March 2020 and your videos have been the main influence in a lot of really big decisions I have made this past year that have all been right decisions looking back. I can't put a price to all value I have received from watching your wisdom-filled content. I have shared your channel to many of my like-minded friends and family, but I just wanted to say thank you and that I am so excited for the day I get to pitch my startup to you as you have been so influential to it!
He is pure. Authentic and hands down, highly intelligent. You are one of my all time favourites. Keep sharing and caring. Sending you love from the Phillipines.
Why do you guys keep on saying others 'highly intelligent' ? I mean, doing that only makes you believe that you are not intelligent. Believe in yourself, man ! Believe that you can do whatever you want to do and go do it, instead of having that 'oh, if I'm as intelligent as that fella I would be rich' daydream every. single. day.
@@clocktower1164 they think kissing his ass will elevate them..quit sad to be honest, they say to every rich person hoping they if they stroke thier ego, they will elevate them too😂😂😂
I just walked out of a startup I started because of the other co-founder! This literally made me feel like I need to try again as the market is there, the money is there through VCs Angels, etc! Garry you always know how to inspire!
what u walked on a start up ..you started because of co-founder ? :S ..sorry but this shows you are a weak person and cannot face up to the challenge ..just dont quit your day job .. start up is a cut throat business its not for people like u
@@droidsage7240 sounds like you’ve never done business before. When the foundations of a business is not solid(people, idea, property), it will NEVER succeed.
My new problem is, I need to watch all of Garry's videos and I don't have enough time. This is really like a life lesson series in business from one of the best!
The Google hiring process is program. Their hiring process only selects candidates that are good at memorizing leetcode and algorithmic problems. While google rejects good software engineers and candidates that are innovative. Their problem is they ask the creator of Homebrew how to invert a binary tree instead of how to create a great a great package manager.
This is something that I’ve always had a problem with when it comes to many of the big tech companies. Many of them focus their interviews on your knowledge of search algorithms. I last studied search algorithms in college, more than thirty years ago. Do you know how many times I have implemented a search algorithm during my career? Zero. If I need to search a collection, I will use the language’s built in search facility, which will be faster and more bug-free than anything I can develop. So why are you testing me on something that you will never have me do? It makes no sense to me. It is to most software engineering as a karate kata is to real self defense - more performance art than anything actually useable.
AWS is a dinosaur and the comet is coming. When it hits, Amazon will have to do a massive pivot or AWS will be obsolete. Because I'm nice, I'll give you a clue... Decentralized Internet like they talked about in Season 4 of Silicon Valley.
As much as this is a great inspirational video, I think the change we need in this world really doesn't lie in better tech, but rather a change in people's priorities towards inner and outer wellbeing rather than figure-based ROIs and 'faster, bigger, more'.
Do you hold Palantir @Garry Tan ? I believed it's the 10x company. As they keep doing reinvesting and the CEO Alex Karp seems like doesn't care about to focus on the share price as he'd mentioned before 'this is long term game' in past interview.
You alway keep the hope of "just one-year-experience developer in small village in Indonesia that nobody care" like me ALIVE. Thank you Garry. I believe in you just like you believe in me. Let's change the world together.
One interesting outcome of the "big tech breakup", is that breaking up Google will actually be better for Google. Smaller orgs will be able to put that cash to better use. If RU-vid had $50B cash to go spend on its own, who knows what they would come up with.
Google has absolutely sucked as a search engine for awhile now. Do a search looking for real unbiased information on any subject. Unless you've used very specific criteria, the only results you'll see are commercial sites trying to sell us shit. It wasn't always like this. There's got to be something better that's not 90% marketing.
Gary, your channel has become a real bastion of creative energy and excitement for me, and I'm sure many others! I'm developing a play-to-own hero collector, and there just seems like there is something different about the times we live in and the possibilities that exist here and now. I'd love to see google come back into innovation simply by creating decentralized infrastructure for their investments instead of worrying about how they can manage their own red tape! Great video brother!
Thanks Mr. Tan your videos have helped me a lot. This somewhat levels the ground for me thinking thinking I was doomed from the start. Thanks again and keep making videos!
Great video Garry! Jobs' explanation made me instantly think of DAOs. Tooling that makes coordination among participants in these ephemeral organizations is going to be incredibly important going forward.
As an individual or a startup, you're leaner and faster compared to these big companies. However, to avoid being too slow when you're growing, you'd want to take the Amazon route by reinvesting your returns. Take calculated risk as much as possible. In an interconnected world, the right risk yields 10x the reward. Thank you Gary Tran.
One thing to note is that companies led by the actual founders are more likely to reinvest in (what is essentially thier dream) innovation. That's why car companies that have been around for eons can't beat Tesla: because the head of engineering at Porsche is off home at 5 pm while Elon is just getting started. Also why Jeff is doing what he's doing. Case in point: the difference between Steve Jobs' Apple and Tim cook's.
Funnily enough I have identified a gap that google hasn't tapped into WITHIN their own infrastructure. I am hoping I can use their API to create a side project and then sell it to google down the line.
Googleplex, home to Alphabet Inc., in Mountain View, California Operating income US$41.22 billion (2020) Net income US$40.27 billion (2020) Total assets US$319.62 billion (2020) Total equity US$222.54 billion (2020)
that was an awesome video, like dude your advice is so helpful to new startup founders like myself. I can't thank you enough! please keep uploading this amazing content
To suggest Steve Jobs created Personal Computing is PREPOSTEROUS and really shows your juvenility. You had a good thing going for me for around 10 mins. Those who can't do teach. Suggest you talk about what you know, instead of tittle tattle. I personally lived through the PC Creation Era and Steve Jobs didn't know anything about Computing. What he knew about was stealing other people's ideas and pulling a fast one on every Apple user. Apple users are like BBC or CNN watchers ... They swallow every piece of duplicitous bstransfat cakes their fed and get shafted unnecessary dollars for missing features found cheaper elsewhere. Still, an excellent platform for perpetual debtors who don't actually understand Computing or Privacy.
Pitch - Problem: terrible mental health because of social media. Solution: Information diet coaching for tech employees to improve mental health and social media consumption. Channel: corporate wellness programs sold to big tech. Talent: HCI PhDs and people from CFHT team. Product: information diet audit tools, 1-1 coaching, workshops, content that challenges you. Need: a 15 min chat with Gary
Google don't have ideas? Can't innovate? How about Google's Mooshot projects like General A.I., Waymo, Verily LIfe Science? Big solutions to big problems. Amazon is great, but it is consumer focused. I get it though. We can be more like Amazon than Google. Love my prime though! :)
Then you show up with your project and they either say "wE dOnT iNvEsT oUtSiDe tHe uS", or they think the market is too small or apparently it's so easy to repeat, that somehow noone had done it before. Sometimes it's "we don't invest in what we don't know" and many more. But if you come up with 50th uber or another wework or food delivery, for whatever reason this IS getting funded🤔🤦🏻♂️
1. Driving force of Apple? 2. Driving force of Amazon? 3. Driving force of Microsoft? 4. Driving source of Google? Google never had a genius entrepreneur like 1, 2 and 3 had.
Hey I don’t have a college degree since I can’t afford one but I have some bright ideas that I feel would really help people but then again if you were to know me in real life you’d never expect anything from me I just hate that there is so much untapped potential out there but these people can’t bring their ideas to life because they don’t have a fancy skill (college degree) you could tell me well why didn’t you work hard in school and get a scholarship Well to put in a nutshell I have an SLD severe learning disorder, I was severely bullied and at times I would even get beat down another I would move schools or cities every 2 years meaning my childhood was never stable So just to end my sad story I was very insecure, unmotivated and scared to even be in school and today I’m just simply a dishwasher with no for-seeable future and broken dreams I don’t want people feeling bad for me just know that there is many people out there who didn’t have the same opportunity as others SAME GOAL DIFFERENT ACCESS TO RESOURCES Incase if you want to know where I live I live in the United States I guess you have to be asleep to believe the American dream
I don't get why you would want to compare Google with Amazon. Amazon doesn't have profits because theirs is a low margin business. They take whatever profits they make from their cloud business and put it back in their eCommerce business. Google is a high margin software and ads company. They will organically have higher margins and more profits. Both companies operate in completely different niches.
Yeah being a videographer, I can tell a lot of effort has gone into this video, background score and music, motion graphics are top-notch, and of course, storytelling by tan is nice too...
No matter how bad inflation is, and it’s never more than 1.5 percent a year on average. 30 billion dollars and now 130 billion will literally never feel the cost of inflation. It just doesn’t matter at that point. They are literally stacking it faster than inflation could ever make a dent. They added 100 billion to that pile, yet if they had only 30 after 9 years, they’d still be in prime position. 30 billion will feel like 30 billion for the next 20 years regardless of inflation. Its not like google operates in zimbabwe
Its not like google WANTS to spend time and resources on legal, compliance and privacy. They have to bec they are scrutinized so much. The small companies get away with it bec’ they aren’t scrutinized as much and take on tech debt until later when they grow.
There is a reason why google fiber never really took off -- they didn't really invest into it. (and possibly some noncompete/monopolistic behavior from other companies)
If they don’t know how to invest in themselves they should just pay dividends. Instead of a growth stock they would be a value stock then. Amazon will do this too if they stop getting good returns on their investments they will turn into a cash cow.
I don't know how ridesharing would lead to people-centered urban planning when that seems to require support for walking, not just not being one's own driver.
My eyes didn't open to this idea until I read much of Clayton Christensen's works and then seeing that same Peter Thiel video a couple years ago. Great video as always!
Amazing video. Helped me see that this is a perfect time for entrepreneurship. Minimal startup costs, with everyone willing to pour in ever increasing amounts of money.
i dont think so taking risk all the time is necessary. its much better to have a focus approach towards your business than goin for others all the time
