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Profit of successful startup: several million in four years Profit of successful lawyer: several million throughout lifetime And once again, the nerds own the
by technoguyrob 19y ago
Profit of successful startup: several million in four years
Profit of successful lawyer: several million throughout lifetime
And once again, the nerds own the jocks.
- aneesh 19y agobut only a small percent of startups succeed. whereas most people with a law degree can be "successful" lawyers.
- technoguyrob 19y agoLast I heard, half the YC startups succeed, with the other half flaking out due to some avoidable flaw (or, a very small percentage like Kiko, just plain unluck).
- SwellJoe 19y agoRoughly half of the first batch succeeded. I believe about a quarter of the second batch have gotten there, likewise for third and fourth batches (though it's not as obvious the later you get, as they haven't had as much time). One could argue that YC acceptance or receiving some level of funding is akin to being accepted into law school: Your odds of success go up, but neither is a guarantee. I've known people who went to law school but failed to make it through or failed to pass the bar. Investing time in a startup is a similar risk, I think.
- srini 19y agoYou are comparing apples to oranges. Becoming partner at a large firm is like working up to VP at an established tech company. Starting your own law firm that specializes in class action law suits - that's a lot more like a startup.