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Screwups

My Top Mistakes#

Summary#

  • A running list of my biggest mistakes
  • Keeps the ego in check and shows how difficult it is to make the right decisions
  • Ex-post, my general strategy for becoming successful was apparently:
  • Be very close to extremely good decisions
  • Then do the opposite

2004 — Crypto Hardware Paper#

  • Wrote a paper on accelerating cryptographic primitives with hardware
  • Years later, cryptominers told me the ideas in my paper were used in several crypto mining hardware systems
  • Never connected the dots

2005 — Declined Google#

  • Declined an offer from Google
  • Larry Page called me in person to tell me that I was the first person in Google history not to accept an offer

2007 — Elon Musk and Tesla#

  • Met Elon Musk at a barbecue in Palo Alto
  • Tried to convince him that big oil companies would never allow Tesla to succeed
  • Bought one of the first Model S in ~2012 (people will stop me in the middle of the street to take pictures of the inside)
  • Still managed to not buy Tesla at IPO

2007 — Sold NVIDIA Too Early#

  • Sold a (very) large amount of NVIDIA stock that would have ended up being roughly a 1000x gain

2008 — Declined Facebook#

  • Interviewed at Facebook. At the question "What is your favorite Facebook feature?" I answered with a "I don't have a Facebook account. Social networks seemed like a fad"
  • I still got an offer
  • When I didn't take it, they offered me money to talk to their product team to study why I was resistant to the addiction.
  • I still don't have a Facebook and Instagram account

2011 — Declined Uber#

  • My next door neighbor in San Jose was an early employee at Uber
  • He took me out for coffee and proposed me to join Uber working on AI
  • I would have been around employee ~20
  • I told him that I didn’t want to join a taxi company

2012 — Didn’t Buy Bitcoin#

  • Almost bought $100k worth of Bitcoin at around $1
  • Got distracted and forgot to press buy on Mount Gox
  • Then I let other people convince me that Bitcoin was nonsense (thank you Will)