Tony Fadell

I have recently found this interview with Tony Fadell. Very interesting to watch and learn how great tech stories such as the iPod, the iPhone and the Next started back in the past. The video is more than an hour but I highly recommend watching it.

One quote I memorized (citing from memory now) has been this:

anything world changing takes a decade; anything less may be a good business but does not change the world...

Indeed. But a decade is typically much more than an average investor can bear. That is probably why it is so hard for startups to be in a world changing game. They can never sell such a long story (especially if it is a world changing story, so inherently hard to believe) to investors. On the other hand it is rather foolish if investors expect a world changing results (not just a "good business" in shorter period of time).

Wonder what world changing startups is Tony now investing in....?