NEW YORK (TheStreet) -- I get the feeling that the relatively inferior among us think great entrepreneurs such as Facebook's (FB) Mark Zuckerberg, Twitter and Square founder Jack Dorsey, Tesla Motors (TSLA) and PayPal founder Elon Musk and Pandora (P) founder and Chief Strategy Officer Tim Westergren are idiots.
We dog these guys relentlessly. Examples are endless. From Barrons no-respect and no-clue $15 price target on FB to people telling Jack how to run his ever-exploding businesses to folks claiming Tesla can't possibly have a future to the notion that Pandora is little more than a story of expensive content up against the relatively new mobile advertising space.
First, as I explain in the video that accompanies this article (see Page Two) and in the closing paragraphs, there's so much more to Pandora than this surface-scratch easy "analysis."
It's entrepreneur envy. That's all that fuels these misconceptions and misguided shots. If any of us accomplish a sliver's worth of what Zuckerberg, Dorsey, Musk and Westergren accomplished in the best 30 seconds of their lives in the 90 or so years we'll live, we've done something. So, stop hating. It might cost you money. Next month, in conjunction with Media 11:11, we'll debut short- and full-length episodes of TheBeach on TheStreet. These videos will focus primarily on the startups populating Southern California's startup scene in the Santa Monica-Venice corridor, widely known as "Silicon Beach." We'll be lucky enough to have, in addition to some interesting Silicon Beach startups, Tim Westergren join us in February as we launch the series. Going forward, I hope to have veteran success stories such as Westergren on to talk about the process of -- and the pain and suffering inherent in -- building not merely a company, but an idea, a passion, a vision from the ground up.
That's what Westergren did with the misunderstood Music Genome Project. In just over a decade, he took this sophisticated system that powers music discovery from conception to reality to private then public company. It's been an impressive run. And, if you talk to the guy for more than 12 seconds, you recognize he's not done yet.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV