if you want more history, i'll work on a few more posts like this one. it's not so easy for me to do because it seems sort of self centered. the reason i did this one is a guy getting out of b-school asked me to.
i would love to see a way to pump all this discussion on hacker news into disqus so that it gets onto my blog. there's a good discussion going on there that you all would be added value to
well i sort of did. we turned $150mm into $750mm from 1996 to 2000. vc's generally get paid 20% of their profits so take 20% of $600mm and then split that with Jerry and a few others and that's where the money came from.
i've made more since, but that was the initial payday.
up until then, we were eating ramen the week the mortgage was due.
Interesting ... I wonder how his career would have worked out if he had started in the VC business in the early 1980s, instead of the mid 1980s or later? Or, if he didn't have the software background?
i would love to see a way to pump all this discussion on hacker news into disqus so that it gets onto my blog. there's a good discussion going on there that you all would be added value to