The Startup Millennials - Human Experiment failed, cloning everyone to Mark from Facebook.


Fakir in India: A millennial, is very much like a fakir in India. The difference is that a fakir is spiritual and contains ethical values. A lot of fakirs in India, perhaps once very successful people, let go of their previous lifestyles, just because they are not satisfied. God always works best for poor people, because they have a heart and soul. Especially those that rise above, from the slums, and move into palaces. Only for a short time though, because if the moral and ethical values are not in place, they loose interest very fast, even in the palace. Buddha, born as a prince, however with the soul of a fakir, couldn't be kept in the palace for too long. As predicted by the astrologers and gurus, left home, and enlightened the whole world. All in the form of a fakir, walking door to door and turning humanity into Gold. The moral of this story is that if you can't understand the life of a fakir, as it relates to an entrepreneur, perhaps you shouldn't do a startup. The moral and ethical values are tested quickly, and you fall to the ground. The History of Millennials: In 2010 and 2011, where many new startups were formed, the term millennials was hardly used. The reason being the millennials didn't exist. Most people worked and had decent jobs. Only very few people had a chance to do entrepreneurship, mostly from Stanford and MIT, the God gifted schools. Many regular colleges don't teach entrepreneurship, because it was meant only for the wealthy. If daddy doesn't have a big bank balance, chances are that the entrepreneur won't get funded. The reason being, there is no insurance by the family. South by Southwest: I went to South by Southwest conference in Austin, Texas in 2010 and 2011. The place was booming with startups in technology, music and film. I met many investors, both angel investors and venture capitalists. Many startup entrepreneurs were running around, looking for money for their idea. If the startup was funded, the angel investors were specifically telling the entrepreneurs to go generate the money. The volume of investments had started. The venture capitalists were playing vegas slot machine mechanism of investments. Invest in a 100 startups, so what if 99 fail, let's make huge profit on the 1, e.g. Facebook. Hence, make the entrepreneurs do all the fundraising. The creation of millennials: The entrepreneurs took the venture capitalists bait. For the glory, popularity and the cool factor, start quitting their jobs, as the venture capitalists told them to. "Why should you work for a company? Do a startup". Pretty soon, a volume of very skilled workers, quit their day jobs, all in the pursuit of making it big, like the venture capitalist millionaires. Everyone working the likes of entrepreneurs from Stanford, mocking the privileged with ego, pretending that they can do better, without proper education, but fully under the control of the venture capitalists. These are called 'millennials'. Millennials on the Street: As time progressed, and the reality hit, the venture capitalists realized that not everyone can be an entrepreneur, however the lie contained so much guilt, that the venture capitalists never went back to the place of wrong guidance and corrected it. The result, hundreds and thousands of millennials getting crushed, never got funded, lost their jobs, incurred huge amount of debt, and forever under the debt of the venture capitalists. Millennials Today: The volume of millennials has increased drastically since then. Many startup entrepreneurs, whose started failed since 2010, are now called millennials. They go social event after social event, meet venture capitalist, one after another in the hopes of getting funded. Their skill is not current, hence they have a difficult time getting a job. Most of the millennials now hang out on Twitter, do all kind of petty things to get noticed. However, very negative towards the venture capitalists that screwed up their careers. So do whatever it takes, but don't be called a millennial. It's actually a degrading word, for a nobody, worse than a fakir.