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Have you ever worked hard on something for many years and faced the prospect of it still failing? It's painful to think about your baby dying. Startup founders
by ericd 10y ago
Have you ever worked hard on something for many years and faced the prospect of it still failing? It's painful to think about your baby dying. Startup founders generally don't do it for the (usually below market) salary.
- Dylan16807 10y ago> Have you ever worked hard on something for many years and faced the prospect of it still failing? Not with someone else paying for it, and knowing I'll still be well-regarded even if it fails.
- ericd 10y agoThat definitely reduces the risk vs. funding it yourself, sure, but founders are still investing a large chunk of their life into it, and that's not something people usually breezily write off. Having other people funding it can actually increase the amount of guilt and stress you feel about failing - you let down the people that believed in you. For most people, that hurts. It's easy to sit on the sidelines and make snide remarks about founders who you think are wasting others' money paying themselves cushy salaries (most pay themselves far below what they'd make at Google), but I don't think you're really in any position to until you've put yourself out there in some similar fashion.