We've all been learning a lot about millennials lately.
But the idea that they're impatient, greedy and entitled has caused members of the new generation to bristle. Today though one member of the millennial generation - a 24-year-old billionaire that made his fortune by turning down a substantial offer for his startup while still in college - gave a commencement address to his (literal) peers and voiced a full-throated defense against the notion that millennials are total a$$holes.
I am now convinced that the fastest way to figure out if you are doing something truly important to you is to have someone offer you a bunch of money to part with it.
The best thing is that no matter whether or not you sell, you will learn something very valuable about yourself. If you sell, you will know immediately that it wasn’t the right dream anyways. And if you don’t sell you’re probably onto something. Maybe you have the beginning of something meaningful.
Don’t feel bad if you sell out. Just don’t stop there.
I mean shucks, we would have sold our first company, for sure. But no one wanted to buy it.
When we decided not to sell our business people called us a lot of things besides crazy – things like arrogant and entitled. The same words that I’ve heard used to describe our generation time and time again. The Millenial Generation. The “Me” Generation.
Well, it’s true. We do have a sense of entitlement, a sense of ownership, because, after all, this is the world we were born into, and we are responsible for it.
That's Snapchat CEO Evan Spiegel speaking at USC's graduation. You might remember Spiegel as the kid who turned dow $3 billion from Facebook while still a student at Stanford. He's also notable for having dealt with a litigious ex-partner and a mini-scandal that revealed he was once fond of wishing accolades in the form of high-quantity fellatio on his friends via group emails.
Well, now he's a grizzled man of the world (homeboy turns TWENTY-FIVE in like two weeks) and with a personal net worth of $1.5 billion, he's had it up to here with the idea that his generation wants too much too fast.
Sure, he might be unaware that there was already a "Me Decade" and misspelled the word millennial, but he might have just been in a rush.