Microsoft was twelve years old before people started talking about Microsoft millionaires; Netscape was one and a half.

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In "The New New Thing," Michael Lewis highlights the rapid rise of wealth among technology entrepreneurs, contrasting the timelines of Microsoft and Netscape. He notes that it took Microsoft a considerable twelve years to generate its first wave of millionaires, illustrating a more gradual path to success for larger companies historically. This long development period indicates the initial challenges that larger tech companies faced before realizing substantial financial gains.

In contrast,...

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January 26, 2025

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