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The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else.

Michael Arrington

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Michael Arrington
Age: 54
Born: 1970
Born: March 13
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More quotes by Michael Arrington

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The main thing to know about me is that I'm a champion of entrepreneurs and the startups they build. They are my rock stars. If in doubt, I side with them, and that's clear from my writing.
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That first company I started made a lot of money for the venture capitalists - nearly $30 million - but next to nothing for the founders. The companies I started after that varied between failures and mediocre successes. But at no point did I ever consider getting a 'real job.' That felt like a black and white world, and I wanted Technicolor.
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Customer research produces bland products. We're producing a piece of art.
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I believe the term blog means more than an online journal. I believe a blog is a conversation. People go to blogs to read AND write, not just consume.
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Just pick a political story at random and read the comments. There is no logic or reason on either side - only hypocrisy and hate.
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Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
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A business model that hasn't been tried before is always interesting, even if it's likely to fail.
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America is an unsolvable problem: a nation divided and deeply in hate with itself. If it was a startup, wed understand how unfixable the situation is most of us would leave for a fresh start, and the company would fall apart. America is MySpace.
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Friendships and marriage are far more potent than financial conflicts.
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Everyone wants the rich to pay more in taxes.
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Im nearly certain that Google accessed my Gmail account after I broke a major story about Google.
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Our government is just way too interested in mucking around in Silicon Valley by creating and enforcing rules based on little or no understanding of the consequences.
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Women in my world are respected as much as men.
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Leaving America means renouncing your citizenship, moving out of the country and leaving family and friends behind. You can retain your citizenship if you like, but you'll still be away from loved ones and still be paying taxes. You lose all the good stuff about America and have to keep all the bad stuff.
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We live in a world where you're not being eaten by a lion when you fail, you just have to get another job.
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The problem isn't that Silicon Valley is keeping women down or not doing enough to encourage female entrepreneurs. The opposite is true. No, the problem is that not enough women want to become entrepreneurs.
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One thing I know from personal experience, judges hate it when parties talk publicly about their cases. There are a lot of things about our criminal legal system that need to be changed, and this is just one of them. Prosecutors know how to play the press. Most defendants don't.
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There are lots of things that I will probably never experience in this life. Military combat. Being dictator of a small central American country. Dunking a basketball. Being a famous rock star. Or walking on Mars. But one thing I have been, and will always be, is an entrepreneur.
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I dont claim to be a journalist. I hold myself to higher standards of transparency and disclosure.
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Success in Silicon Valley, most would agree, is more merit-driven than almost any other place in the world. It doesn't matter how old you are, what sex you are, what politics you support or what color you are. If your idea rocks and you can execute, you can change the world and/or get really, stinking rich.
Michael Arrington