Here’s examples from six of list of top ten companies by market cap
Apple is worth $3 trillion despite being on the verge of bankruptcy in the mid-nineties. Google is now worth 1.9 trillion. The founders tried and failed to sell it for 1 million. Amazon’s stock price dropped 90% during dot com crash Nvidia, recently world’s most valuable business, had to lay off half its staff in 1997 and try to win a market with ~100 other startups all competing for same prize Elon Musk: “I thought SpaceX and Tesla both had >90% chance of failure”. He was sleeping on his friends coaches to avoid paying rent at that time. Facebook’s rise was so tumultuous they made a movie about it. Now worth 1.3 trillion. Warren buffet regretted buying Berkhire Hathway, and almost sold it. Now worth 744 billion.
Talking about EA more specifically
~10 founders have spilled the details of their journeys to me. ~70% felt hopeless at least once. There’s been at least four or five times I’ve been close to quitting. I had to go into credit card debt to finance our charity. I’ve volunteered full-time for >4 years to keep the costs lower, working evenings to pay rent. Things are now looking a lot better e.g. our funders doubled our budget last year and we’re now successfully treating ~4-5x more people than this time last year.
Here’s examples from six of list of top ten companies by market cap
Apple is worth $3 trillion despite being on the verge of bankruptcy in the mid-nineties.
Google is now worth 1.9 trillion. The founders tried and failed to sell it for 1 million.
Amazon’s stock price dropped 90% during dot com crash
Nvidia, recently world’s most valuable business, had to lay off half its staff in 1997 and try to win a market with ~100 other startups all competing for same prize
Elon Musk: “I thought SpaceX and Tesla both had >90% chance of failure”. He was sleeping on his friends coaches to avoid paying rent at that time.
Facebook’s rise was so tumultuous they made a movie about it. Now worth 1.3 trillion.
Warren buffet regretted buying Berkhire Hathway, and almost sold it. Now worth 744 billion.
Talking about EA more specifically
~10 founders have spilled the details of their journeys to me. ~70% felt hopeless at least once. There’s been at least four or five times I’ve been close to quitting. I had to go into credit card debt to finance our charity. I’ve volunteered full-time for >4 years to keep the costs lower, working evenings to pay rent. Things are now looking a lot better e.g. our funders doubled our budget last year and we’re now successfully treating ~4-5x more people than this time last year.