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Sometimes I have the impression that some entrepreneurs like to say that there is a bubble because so they can say: "Yes, he raised all that money, or had that big exit, but not because he is better than me, only because there is the bubble".



There's a very nice piece by Fred Wilson related to that: http://www.avc.com/a_vc/2012/05/wheres-my-billion-dollar-che...


Because God forbid someone start a business to make a living rather than to burn up their life savings on a monetarily pointless passion.

I could probably make more money by literally selling tickets to have people come see me set my life savings in cash on fire.




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