Learn sales/marketing - important for VCs Be able to sell an idea before you execute
If you fail to raise money - find out why. Use VC meetings as a class that will teach you what is wrong with your idea. Sometimes it can take 95 revisions for a business plan to become a VC candy (as it was with Kamran).
Why raise money when you are rich? To have third-party oversight, and pressure that will challenge you and make you perform better.
Learn how to manage failure and evolve in the process - crucial success factor.
Develop a company that brings people together Every company should look at itself as a global company, with global presence
Wealth is not about money, it is about what you do with it. Sometimes it's about the smiles on other people's faces that make you happy - they are more valuable then crude cash.
Wall Street Capitalism - Maximize shareholder profit (one constituent - investor, speculation is the foundation) Silicon Valley Capitalism - Innovation, product creation (four constituents - shareholders, customers, employees, society/environment)
Good HR combo for startups: 1) honest 2) smart 3) persevere 4) team-players 5) with a sense of humor