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0 pointsjacoblyles13y ago0 comments

It's so much easier to start a new venture once you have had a successful exit. Investors throw money at you. My advice to founders would be to think of the impact that a successful exit can have on your entrepreneurial career. Think of paypal.

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btrautsc13y ago

While I agree with you... I think Paypal is about as unique as it gets. See Paypal Mafia [1].

That company consolidated amazing talent (both technical & entrepreneurial) during the bubble, went IPO, which made many of many of those soon-to-be entrepreneurs wealthy. With cash in their back pockets, the started, fronted, and funded an incredible list of companies.

Ultimately, they utilized wealth, past success, and an incredible network to keep leveraging to build more of each.

1. http://en.wikipedia.org/wiki/PayPal_Mafia

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