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Well, because starting a company is a huge risk with a very low percentage of success, even with an awesome idea. Some ideas will require corporate backing to
by mattzito 11y ago
Well, because starting a company is a huge risk with a very low percentage of success, even with an awesome idea. Some ideas will require corporate backing to be successful, either because it is more of a feature than a product or because you need to leverage the infrastructure of the corporation.
- chatmasta 11y agoWay less risk when you are former VP of engineering at apple. That guarantees at least enough investment to hire a team the size of what you had at Apple. Presumably as former VP you also have the experience to increase chance of success. So no, not a huge risk, and higher percentage chance of success than anyone else starting the same company.
- mattzito 11y agoSome of the worst startup founders I have seen are people who come from being execs or management at very large companies, because they have no frame of reference for how things should be done when you have 5 people. So I don't think you can generalize on that point. And as far as this goes: > That guarantees at least enough investment to hire a team the size of what you had at Apple. There's also no way this is a guarantee. Sure, it'll be easier to get money than an 18 year-old walking in off the street will, but again, you can't compare the steady job, steady paycheck, "let's build a feature internally" with "let's go start a startup". I will definitely agree that having the experience of a vp of engineering is better than not having it, but that's a far cry from saying that quitting your highly paid job as a VP of engineering for the biggest company in the world to start one of many cloud storage companies is "not a huge risk".