“The tech economy imploded and it was impossible to even get a moving van out of Silicon Valley because they had all gone one way back to the rest of the country,” says Sacca. “Prospects were bleak back then, and it tested my resolve.”

Sacca eventually got a job in law before working at Google for four years and then starting his own Los Angeles-based investment firm, Lowercase Capital. Sacca gained widespread acclaim for his skill in picking the right start-ups and helping them grow. He ranks 3rd on the Forbes “Midas Touch” list of best tech investors.

For ambitious college students eager to follow in his footsteps, Sacca has good news and bad.

“There is no well-trodden route to where I am, no formula to replicate,” he says.

“But,” he adds, “without exception, everyone I’ve ever met who is authentic, daring, empathic, tireless and willing to ask for help has gone on to be happy and fulfilled.”

So pinch your pennies when you’re young and keep your priorities in order, and that will serve you well in the long run.