The thing that leaps out is "fund lots of small startups, the lessons are repeatable".
I occasionally bang on about "Million Startups". Some back of the envelope maths and I reckon one could finance a literal million startups with what SoftBank might call a bad year (around 30 billion). When YC started they funded people with 5k per founder.
I am not saying fund the next fusion machine, but put momentum into cities and groups across the globe.
And if what pg says is true (there are few new problems) then guiding those startups must be more feasible then "million"
sounds. Yes 60 to 80 is a big leap but 80 to a million is only slightly bigger :-)
Anyway - saying more startups on HN is very much preaching to the choir so Inwill
stop now.
I occasionally bang on about "Million Startups". Some back of the envelope maths and I reckon one could finance a literal million startups with what SoftBank might call a bad year (around 30 billion). When YC started they funded people with 5k per founder.
I am not saying fund the next fusion machine, but put momentum into cities and groups across the globe.
And if what pg says is true (there are few new problems) then guiding those startups must be more feasible then "million" sounds. Yes 60 to 80 is a big leap but 80 to a million is only slightly bigger :-)
Anyway - saying more startups on HN is very much preaching to the choir so Inwill stop now.