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Comment by danjl

Startups are a terrible way to make money. It is far far easier to make money at a larger company than it is at a startup. It's even worse if you start the company yourself. The chances that you'll ever make money are pretty small, and getting to a regular salary can take 3-7 years. Even the chances of making life-changing quantities of money are much smaller. I've been working in this industry for 40 years and all the people I know who are rich did it at big companies, most recently at Nvidia, earlier at Apple, Sun, Facebook and similar. I know tons of startup founders. Almost none of them made significant money. It's more like authors and artists - start a new company because you are driven by an invisible force and you want to do things that you can't do anywhere else. Maybe you want to run your company differently. Maybe you want to work on something that nobody has figured out how to make profitable. A great reason to take a job at a startup is that you like working with small teams and You think you can learn from your coworkers. Do it because you have no other choice, not because you want to make money.
parent danjl 1 year ago

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