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> founders still got paid a salary Founders get paid a salary? That hasn't always been true in my experience. > Founders took no more risk than the first empl
by landryraccoon 10y ago
> founders still got paid a salary
Founders get paid a salary? That hasn't always been true in my experience.
> Founders took no more risk than the first employees.
If it's actually that easy you should go be a startup founder. After all, there's no risk, right?
- pikzen 10y agoLet's be honest: people who found startups fall in three categories: * Those who have funds to fall back on in case the startup fails * Those who got VC funding * Those who are actually risking things because they invested everything in their startup I'd wager the first two categories make up 90% of startup founders. These people take absolutely zero risks. Whoop, startup fails. Oh well, it was either not your money or you've still got a comfortable amount to sit on. Thsoe last 10 percent, yes, they do take risks. Don't expect me to cry for the others.
- hyperliner 10y agoSo, if they have "funds to fall back under" isn't that a risk?
- mpbm 10y agoThis word "risk." I do not think it means what you think it means. Just because someone has lots of money (their own or a VC's) doesn't mean they aren't risking that money when they put it into a startup. The money is at risk because it probably WON'T be returned, let alone increased. I think what you're conflating with risk is actually diversification. You're only willing to cry for the people who are "all in" on a single investment. Arguably, being diversified is the sensible thing to do and it's the idiots who don't make sensible choices who you shouldn't cry for.