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He's right that you won't get rich as an early stage employee unless you worked somewhere like Google. I learned that the hard way. He's wrong about not being
by maxawaytoolong 16y ago
He's right that you won't get rich as an early stage employee unless you worked somewhere like Google. I learned that the hard way.
He's wrong about not being in it for the money. I've known about 10 serial entrepreneurs in Boston and Silicon Valley who were in it for the money, and they were all focused and successful at it. The key is to have a clear idea and a clear exit plan, and adjust to the market as quickly as possible. These guys were all like minor versions of Mike Cassidy. 3+ successful exits, each more money than the previous. All doing stuff you've probably used as a part of another product, but you've never heard of the original company or the founders.
A lot of guys know can't decide whether they are in it for the money, or the love, or to be famous on Hacker News, so they fail. Lack of focus and not knowing why they were in it is why they failed. Guys who know they are in it for the money and can execute often win. If you're really in it for the money and lose, you might just suck. That's just the way it works. YMMV.
The other thing he's wrong about is living to 90. Working at a desk 16 hours a day, living on soda and junk food, no exercise, estranged from families and friends... most hackers are going to need a lot of luck or serious medical breakthroughs if they want to make it to 70.