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If people understood and believed this, doesn't this bode poorly for recruiting people to work at startups? If you can make 100k at a stable, established softw
by robrenaud 16y ago
If people understood and believed this, doesn't this bode poorly for recruiting people to work at startups? If you can make 100k at a stable, established software company, and you've already saturated the utility of money, a compensation based argument for working at a startup is hard to make. This bounds the reward for "hitting the lottery" with a successful startup. With small some chance you make a ton of money, and you aren't much happier than if you'd only took the sure bet of a steady income. On the other hand, there is a large chance that you'll actually living under the money-happiness saturation point when the startup fails.