I was driving up to participate in a fun community picture collage event at the Yerba Buena Center for the Arts when I noticed Ron Conway, one of the fathers of angel investing stand in line just like the rest of us. He was probably in line for 10 minutes as the process took forever.
The reason why he’s a billionaire is because he invested in Larry Page and Sergey Brin when their company was still called Backrub at a sub $75 million valuation. Google is now worth $379 billion. Then there’s other hits such as Twitter, Facebook, Dropbox, Pinterest, Airbnb, and Zappos.
I briefly met Ron at a fund raiser for San Francisco Mayor Ed Lee a couple years ago, but didn’t say anything more than a “hi.” What strikes me about Ron is that he seems like a nice guy who deeply cares about the city of San Francisco through his various activism.
Ron’s patience reminded me that no matter how rich you get, it’s a good idea to stay humble and wait your turn like everybody else. Entitlement is a poison that will ruin you. And if you don’t want to respect the existing organization’s methodology or people, feel free to start your own.
See you at Ed’s election party this Tuesday Ron!