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No, passion and money usually aligned. That's the whole undernote of any startup pitch. If there were not aligned, then we should strive to change the market a
by justicezyx 10y ago
No, passion and money usually aligned. That's the whole undernote of any startup pitch.
If there were not aligned, then we should strive to change the market and society to make them align. Without a proper incentive mechanism, no innovation can be done optimally.
- BeetleB 10y ago>No, passion and money usually aligned. That's the whole undernote of any startup pitch. I would beg to differ. The aligned ones are the exceptions. Unless your passion is to make money, that is. The whole point is that if your passion is something other than to get rich, you are more inclined than the average person to take lower pay to pursue your passions. "Wow, it's awesome employer X is willing to pay me to do passion Y. I never thought I could make a living doing this!" "Those who use their skills to do boring work (code/CAD monkey) to make more money are sellouts!" Most startups are in it for the money. As pg himself wrote: It's not at all unusual in the early phases for a startup to completely change direction because they didn't find a market for their "passion". The goal is to get rich, not to solve business problem Z. >Without a proper incentive mechanism, no innovation can be done optimally. I agree with the caveat that the incentive need not be "get rich". Making a lot of money often lowers innovation by constraining it.
- justicezyx 10y agoOur definition of "rich" likely differs. I am saying rich being above average and can secure a above average starting point for offspring. I do not think rich should be "rich enough to be considered privileged".