<p>Essayist, entrepreneur, and venture capitalist Paul Graham wrote the following about Gates: </p>
<p>*… I can’t imagine telling Bill Gates at 19 that he should wait till he graduated to start a company. He’d have told me to get lost. And could I have honestly claimed that he was harming his future-- that he was learning less by working at ground zero of the microcomputer revolution than he would have if he’d been taking classes back at Harvard? No, probably not.</p>
<p>And yes, while it is probably true that you’ll learn some valuable things by going to work for an existing company for a couple years before starting your own, you’d learn a thing or two running your own company during that time too.</p>
<p>The advice about going to work for someone else would get an even colder reception from the 19 year old Bill Gates. So I’m supposed to finish college, then go work for another company for two years, and then I can start my own? I have to wait till I’m 23? That’s four years. That’s more than twenty percent of my life so far. Plus in four years it will be way too late to make money writing a Basic interpreter for the Altair.</p>
<p>And he’d be right. The Apple II was launched just two years later. In fact, if Bill had finished college and gone to work for another company as we’re suggesting, he might well have gone to work for Apple. And while that would probably have been better for all of us, it wouldn’t have been better for him.*</p>
<p>[Hiring</a> is Obsolete](<a href=“http://www.paulgraham.com/hiring.html]Hiring”>Hiring is Obsolete)</p>
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<p>I’m not sure that a connection exists. We’re not talking about starting a manufacturing plant or an oil refinery. You don’t really need a lot of money to start a computer firm. Jobs and Woz started Apple by selling Woz’s scientific calculator and Jobs’s old van. Dell and Facebook were founded in college dorm rooms. Yahoo was started by 2 grad students who, bored with their research, built a website on a server in an extra campus trailer. </p>
<p>Nor is the personal risk particularly high. If Microsoft had failed, oh well, Bill Gates would have just re-enrolled at Harvard. Sure, his graduation would have been delayed. But as Graham explained above, he would have probably learned more about the software industry then he would have by just staying in school, and hence would be a far more desirable job candidate (or a better entrepreneur the second time around).</p>