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The 99% figure is obviously a generalization, but it's well known that most startups fail. Amongst the ones that don't, only a few are bought out by someone lik
by wuputah 16y ago
The 99% figure is obviously a generalization, but it's well known that most startups fail. Amongst the ones that don't, only a few are bought out by someone like Google, or go on to succeed in bigger ways. Additionally, only those with substantial stock positions in the company make out well on these pay days - the rest of the people who worked for the startup are making a salary.
In short, most people are making a salary, and of those that try to found their own company, most will end up failing and making less than they would have if they took a salaried gig. That is the risk of founding a company.