What made you drop all the exciting jobs
And took you back to the business space
Where you start to build a company from the scratch ?
Look , the investment space is very prestigious
It brings tremendous prestigious
And tremendous influence
Its almost a dream job
But frankly I found building a startup is much more exciting for me
You know, its like the difference between being a couch and a player
Its like the difference between someone telling the others to do so and so
Versus doing it by yourself
Its a lot more exciting
Its a lot more exciting to build a company yourself
To be honest the other reason that made me open snip it is the risk
And I’m a living believer that in every stage of your life you will take a risk
When you are young you might take risk many times
What would happen
You will always have the job you want
But if you are married and have 4 children’s
And have responsibilities etc
That’s make it harder for you to take risks
I was 32 years old and I was working in a very comfort job
But I wasn’t getting enough risks
What I mean , I found in Venture Capital that I can’t be the next Jack Dorsey
Or I could never be the next Mark Zuckerberg
So if I take some risks
And do a startup
It may fail and that’s ok
But if it succeed there will be a tremendous outcome
The third big I think factor for me
That there is a lot of people who are talking about startup
Speaking about the end like Oh will it succeed or will it fail?
Will it be acquired or will have to acquire ?
They almost forget about a journey
Its really about the journey not the destination
When you are in a startup
there is a tremendous amount of development you go through
its you right hustle and bustle , its all stress
but simultaneously there is you are managing people
and managing people is a tremendous room for opportunity
when you are getting nervous on someone
and then you learn the hard way not to get nervous on someone
its shorten gain but a long term lost
how do you recruit ?
how to convince somebody to work for you ?
how you convince him with your vision?
All of that will give you a tremendous person development
Even if the company failed ,
you will get out of it in much more developed individual
that much better well around individual than you were before
Last and most important thing about Khosla is that I got really excited about snip.it
I felt that there is a real market for snip.it
And I wanted to achieve that goal
And as an investor I could have hire a CEO and build a company
Lets just go build it my self
About the Guest:
Ramy Adeeb, and Egyptian entrepreneur and the founder of snip.it , snip.it lets you collect the best of the web,organize your thoughts and find things that interest you.
“Ramy loves building things — as much as he loves breaking them. After finishing college, Ramy led the enterprise engineering team at Tellme Networks shortly after the company`s founding in 2000 and until its acquisition by Microsoft in 2007. There, he led the development of over 30 products. Before founding Snip.it, Ramy spent a couple of years at Khosla Ventures working on investments such as Square, Groupme, and Ness Technologies.”
Ramy got his BSc. In computer science from Harvard university, then he got his MBA from Stanford University.
Comment on the Interview:
Entrepreneur VS Employee
Ramy talks about the difference between being a player and being a coach.