What about failing to start a business in Silicon Valley don't worry about the takeover.

Editor's note: Recently, pandodaily founder Sarah Lacy, a technology blogger, wrote a commentary on the "talent acquisition" in Silicon Valley, which has caused a lot of controversy in the Silicon Valley biosphere. To understand the controversy, let's go back to the original point of contention and see how Sarah commented on the talent acquisition in Silicon Valley. Acquisitions have gradually become the standard for "borrowing money" in the entrepreneurial circle, and companies eager to acquire it are like a patient in a hurry to pay a hospital fee. A patient in the case of no choice, it is likely to be sick nasty desperately, to borrow usury to pay the hospital fees. Similarly, a company in the case of a shortage of talent, it is likely to be acquired through the acquisition of talent. From this point of view, I can gradually understand the 90-generation of Cisco's crazy acquisitions, but also understand why the recent Facebook "every Monday". As I said earlier in the article, Facebook is more gifted than most companies in digesting the talent they get from the acquirer, and is able to put these people in the right place for the company. But not every company, like Facebook, is strong to have the capital to allow false takeovers and the wrong disposition of talent. In other words, Facebook has only shown people the glamorous side of the takeover. Not only that, in essence, the acquisition does not really solve the problem of the company's talent shortage, and even the suspicion of worsening the problem. In fact, the company's acquisition is in disguise to encourage everyone to start a business, encourage investors to invest more, because it is to the entrepreneurs and investors to release such a message: The failure of business is OK, the investment failed also does not matter, big deal to find a company to buy you a bai. But, if everyone is going to create, where there is enough talent to enrich the big companies? We know that entrepreneurship itself is a difficult task, even if a good entrepreneurial idea is not easy to succeed. Luck, execution, market timing and market competition are all key factors in determining whether a good idea succeeds. On top of that, entrepreneurs are often asked to make accurate judgments about a lot of things quickly and accurately, and this is a huge test of entrepreneurial courage and determination. There are some sad reminders of entrepreneurs who may find themselves doing something that doesn't mean anything. But with the assurance of acquisitions, the risk of starting a business is reduced. What's more, the benefits of starting a business are higher than they were in the beginning. For those entrepreneurs who get financing, they don't have to worry that their ideas will fail, because even if they fail, investors will help them plan a soft landing-a takeover. If their company is bought by Facebook, they will get more shares than the average Facebook employee. And if they choose to go to Facebook at the outset, they will have the same shares as the average Facebook employee. Not only that, for the founders, the company they started was bought by Facebook is an absolute glory in the entrepreneurial career. When they want to start a new company,, they are also proud to take a similar "company that we founded before has been bought by Facebook." "On the PPT presented to investors. From this point of view, acquisitions encourage talent to start a business, but also the difficulty of large companies to recruit more difficult. What should these big companies do if they don't get talent directly from the market? The choice of many big companies is to return to the original point of purchase, because the acquisition is indeed a short-term recruit a group of Yong good way. But it may be disappointing to those companies that many of the people who have been acquired from the acquirer, although gifted, have an uneasy element in their bones, and ultimately do not want to remain in the company. They believe that the acquisition not only gives them a soft landing opportunity, but also leaves a glorious record on their resumes, which allows them to exit safely and look for new entrepreneurial opportunities. Although the acquired talent will eventually be lost, in any case, in the short term, both the acquirer and the acquirer can gain a clear interest in the acquisition, which is why the situation is maintained. It is not just the entrepreneurs and the big companies that are the acquirers that can keep the situation afloat, but investors also play a big role. In any case, the entrepreneur's investment comes from investors, and investors because of the acquisition of this soft landing plan, in making investment decisions are also a lot less worry. This week, I heard a great metaphor from a VC: investing is like buying a lottery ticket. You may know that the chances of winning the lottery are slim, and that the chances of being able to get to the next Facebook and next Instagram are probably not too much. However, because of the huge amount of money attracted, we will still hold "may not be on the" mentality, buy a few practice practiced. This is the mindset of most VC investment in investing. What if it fails? It doesn't matter, just pretend that these investments have nothing to do with me. It is this irrational support for Silicon Valley to work. But let's say there's a place where the lottery is working: You're not buying the lottery ticket, and the betting stand allows you to return the lottery ticket, refund it, or just retire 75%. Don't say 75%, even if the betting station only back 50% of the ticket, I think this place of lottery players to buy the enthusiasm will be doubled. For lottery players, this place is a dream paradise, not only has the right to dream of the jackpot, but also avoid the risk of buying the lottery itself. Now, this dream paradise is happening in Silicon Valley, and the punters are the investors. The takeover has turned the investment in Silicon Valley into a low-risk business that saves investors a lot of worries. Since acquisitions can make entrepreneurs, investors, and big companies as acquirers, all of these players benefit from the game, why not? I would say that there is no correction without failure. Everyone is saying that Silicon Valley's power stems from its ability to accept failure. But in fact, Silicon Valley has now become the world of those who are starting a business. These startups are getting a grip on the Silicon Valley's Low-risk entrepreneurial model. They know thatMake a big deal by selling the company back again. So it's hard to see outright failure in Silicon Valley. But what I want to say is that failure is a good thing. Success makes sense if you fail. Failure is the only fear of failure. Entrepreneurs have the fear of failure to be more cautious of the results of the cheque handed over by investors. Investors have the fear of failure to be more cautious in choosing an investor – at least to make sure that he invests in the belief that an entrepreneurial idea has potential.