Thu.Nov 29, 2012

Gust

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How do serial entrepreneurs such as Kevin Systrom and Jack Dorsey sustain themselves while working on a project that doesn’t yet generate cash-flow?

Gust

Unfortunately there is no magic involved here. In the two specific cases you mentioned, one had made money from his previous startups, and the other had paying jobs at Google and Nextstop. Typically serial entrepreneurs are serial because they have successfully exited from Startup One before beginning Startup Two, and they use the first one to fund the second.