It is not what we get, but who we become, what we contribute, that gives meaning to our lives. Stanford business students are developing an interesting line of business called a search fund. Students with no money, experience, or product ideas are selling shares in their future ventures. That funds the student for a year or two of searching for opportunities, with an expectation of reasonable salary once a company is started. The group started in Santa Clara, but has chapters nationwide.
Members also work deals among themselves, as they network their individual capital and experience.
Silicon Valley has been very open to Indians and Pakistanis, with business relationships generally merit-based. Many Indians have a math and science background and can write clearly and create designs that work. Five start-ups have paid off, three are about to, and only four have gone bust. Jesse wants people to have a piece of the pie, but he doesn't want them to go through the education and the experience. The harder the conflict, the more glorious the triumph.