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How is it different doing a start up here versus San Francisco or Mountain View?
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"Doing a start-up doesn't scare us.
"Everybody is doing their app, and everybody is doing a start-up, and everybody has raised a million dollars".
But they were set on doing a start-up.
The BDE got me a meeting with a fellow who was doing a start-up.
The two conclude with Ohanian telling Dixon the key ingredient Ohanian must have before doing a start-up.
I've raised money from VCs, but I've also invested in a number of entrepreneurs, so I've seen what this does to people when they hear the investors saying "No, we are not going to fund your idea". But the difference between doing a start-up and doing an Ironman is that you can thrive doing a start-up, it's not just about surviving.
When you're doing a start-up, you have this commitment, you have preparation, and then it's really about once you find that formula, you can really thrive and build a great company.
You get to the start of the marathon, which is a 42 kilometer run after you've done the swimming and the cycling and you go, "How am I possibly gonna get from here to the end of the marathon and cross the finish line?" And that is not too much different from doing a start-up.
Doing a start-up in London – were we mad?
There's obviously quite a bit of risk while doing a start-up and the last thing you want to do is put your home at risk.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com