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Joining early stage tech startups is a gamble. Being an early employee at a highly successful company is 99.9% luck. I'd rather hear about the early employees a
by stevebmark 10y ago
Joining early stage tech startups is a gamble. Being an early employee at a highly successful company is 99.9% luck. I'd rather hear about the early employees at the hundreds of tire-fire startups without business models that investors sink millions into. I think a lot of unshared knowledge lies in those war-torn employees.
- Hydraulix989 10y agoReddit has a business model?
- celticninja 10y agoYeah burn VC money for as long as possible. Seems to be the way things work for many companies.
- xiaoma 10y agoThere have been other theories about that: http://gawker.com/did-reddits-former-ceo-just-reveal-a-long-con-plan-to-1717334704 http://gawker.com/did-reddits-former-ceo-just-reveal-a-long-...
- mathattack 10y agoAn interviewer once told me (when I mentioned a startup that I had worked at imploded) "You need some road rash to understand how to do things." I agree with your point - it's worth learning about how things go at the failures too.
- amelius 10y ago> You need some road rash to understand how to do things This is assuming there is a guaranteed way to become a successful company. What the road rash will teach you is probably that starting an IT company right now is more like being a golddigger. It is all gambling, and the VCs are laughing their way to the bank because they know this, and they wisely spread their money.