they tried was to get some other company to buy. But openness to new ideas has to be tuned just right. Just like Objective statements stating what you want are no longer desirable on resumes, dont tell a company in a cover letter what you want to get from them. VCs never quite say yes or no; they just engage you in an apparently endless conversation. We have often found that smaller, less formal events make for more surprising and memorable essays; but as with any of the other prompts, as long as you can answer with originality and put a unique twist on your subject matter, all ideas are fair. 4 There's probably also a second factor: startup founders tend to be at the leading edge of technology, so problems they face are probably especially valuable. It was easy to say, OK, I dont want to deal with these people ever again. Ive met with Dan, face-to-face, man-to-man. Example, i am excited to hone my programming skills at ABC company. This is not a serious problem for them. We advise startups to set both low, initially: spend practically nothing, and make your initial goal simply to build a solid prototype.
Fortunately for PayPal they switched CEOs instead. Starting a startup is too hard for one person. I have a responsibility to lead, in more ways than one, and I take that very seriously. Your topic must comply with the subject matter and reveal the interesting question, maybe even several questions. For example, I think a lot of startups during the Bubble killed themselves by deciding to build server-based applications on Windows. The worst possible cover letter mistake is to write a generic cover letter. It's not that people think of grand ideas but decide to pursue smaller ones because they seem safer. Perhaps more dangerously, once you take a lot of money it gets harder to change direction. They might accidentally hire someone bad, but it's not going to kill the company.
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