The meaning of being an entrepreneur
Calacanis talks about how tech companies should create real value for hackathons by offering genuine startup capital or, alternatively for established companies like Google, offering a stake in the companies themselves, to motivate founders. He also talks about why Larry Page keeps working despite having a net worth in the tens of billions, saying that he himself doesn’t need to work after ‘getting lucky’ with several projects, saying that people like Page and himself keep working because they want to build a legacy, or create something:
I love building teams, I love building products, I love building brands themselves…I love the act of creating a brand and doing something innovative