> Take 10 jobs over 10 years. […] I'm sure you'll make some money eventually
Wasn’t it 1/250? Sorry but you’re pulling numbers out of thin air, all you have here is wishful thinking. Fact is most people who work for startups will not “eventually make some money”, their shares will be worthless.
In order to hit it big, you need to either be at the top of your field, which gets you exposure to unique opportunities, or be really good at picking winners (you might as well switch to VC in that case), or just be lucky. You can’t hop from one random startup to another and expect to become rich.
Again, probabilities don’t work like that. You’re not rolling dice to apply to Google, and FAANG jobs are not unattainable, nearly everyone I know that wanted one, got it eventually. Then you have guaranteed high income.
You can choose either life, and the risk/reward ratio is certainly much much higher for startups, but we have to be honest about the odds - they are not great for non-founders.
Wasn’t it 1/250? Sorry but you’re pulling numbers out of thin air, all you have here is wishful thinking. Fact is most people who work for startups will not “eventually make some money”, their shares will be worthless.
In order to hit it big, you need to either be at the top of your field, which gets you exposure to unique opportunities, or be really good at picking winners (you might as well switch to VC in that case), or just be lucky. You can’t hop from one random startup to another and expect to become rich.
Again, probabilities don’t work like that. You’re not rolling dice to apply to Google, and FAANG jobs are not unattainable, nearly everyone I know that wanted one, got it eventually. Then you have guaranteed high income.
You can choose either life, and the risk/reward ratio is certainly much much higher for startups, but we have to be honest about the odds - they are not great for non-founders.