I’m going to call bullshit. Have many Googlers started startups that failed? Yes, but that’s the default state for startups so it hardly seems notable. I doubt the failure rate for ex-Googler founders is any higher than for regular founders. In fact, I suspect it’s higher, if only because they’re probably more likely than the average founder to be able to raise a round, and that likely increases your success rate vs the average startup. But you’re still probably going to fail.
What I take exception to is the 6-7 rounds of funding. A tiny, tiny fraction of companies raise more than 3 rounds, so the idea that there’s a “very large list” of failed companies started by ex-Googlers who have raised 6-7 rounds is total hogwash. Your hand-waving “you’ve never heard of them” notwithstanding.
Stick to engineering, it's better.
I'm just here for the free pizza. :P
It would have to be based on valuation built or ROI rather than outcomes becuase we all know the top-VCs almost always find a home for even their failed startups and PR it as a win
Ex-Uber engineers are probably just as good as ever. It's not like they were the ones tinkering with competition, business model, profitability, whatever.
Their task was to execute on engineering goals and Uber hires pretty good engineers to do that.
Yes, let's assume people who did not work in a sane environment, who have never seen how to make a profit, yes, let's give them funding. Same BS as all the ex-Googlers who immediately ran most of their start ups into the ground (after 6-7 awesome funding rounds of course).
Let's be clear, the ex-Uber founders will make mint, given what happens in those endless funding round pyramids. But for anyone considering joining those rackets? Goooooood luck.