Between the Noise🎯 #22: 7 Rejections of Airbnb, Open Sourcing a Child to Save Million Lives & More
This fascinating article is written by a dad whose daughter has a random genetic mutation that will leave her severely mentally and physically disabled. They found out there’s a technique which can save their child but ‘Pharma is currently not set up to make money from these individual treatments — there’s no blockbuster drug to advertise, there’s no IP to protect’. So they’ve decided to open source everything in their child’s treatment while they work with team of world-class scientists & doctors.
In 2008 Brian (Co-Founder & CEO, Airbnb) got introduced to 7 prominent investors in Silicon Valley. They were attempting to raise $150,000 at a $1.5M valuation. That means for $150,000 you could have bought 10% of Airbnb. 5 Investors rejected & 2 did not reply. This article is email clipping of all 5 of them. As Brian puts it, “Next time you have an idea and it gets rejected, I want you to think of these emails.”
Podcast: Peter Thiel (Co-Founder of Paypal, Palantir, Founders Fund) on "An Era of Stagnation & Universal Institutional Failure."
In this highly information-densed podcast Peter Thiel talks about human evolution & how we have remained stagnated in last 40 years to invent world-changing technologies. The reasons that has caused this & why it is hard to convince people that we have slowed down. They also talks about problem with universities & student debt loans along with Peter’s own solution to solve this. Irrespective of your background, I recommend you to listen to this.
So many examples of people making a remarkable shifts in their desired industry/job to get success. Do check this out.
After learning so many things about running a startup, growing a startup, building world-class teams & all other aspects of startups from essays of Paul Graham, Sam Altman, I was convinced Y Combinator is world’s best startup accelerator program. Every year they get thousands of applications from which ~80 makes it to the final YC batches. Now getting into YC is hard, but getting into Startup School is not—Startup School is a free online 10-Week course for founders actively pursuing their own startup. You need to enter basic details about your startup-even if it’s at idea stage & you’re IN ! I don’t have any specific idea but I’m attending this to learn from people who are building startups all around the world. There are 24,000 startups who have registred for this year’s batch. Last date to join is 4th August. If you’re willing to learn about startups, I recommend this as the best place to start with.
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