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Sam usually puts a disclaimer into his articles. From his playbook: "A word of warning about choosing to start a startup: It sucks!...Joining an early-stage sta
by curo 8y ago
Sam usually puts a disclaimer into his articles. From his playbook: "A word of warning about choosing to start a startup: It sucks!...Joining an early-stage startup that’s on a rocketship trajectory is usually a much better financial deal."
I doubt these disclaimers work well when a crazed founder has dollar signs in his/her eyes. But he tries. Yes, VCs profit from a larger market of risk-bearing founders, but Sam was once a risk-taking founder too.
- jboy55 8y agoI always found this really interesting. If you join such rocketship often you find people swimming in their survivorship bias often coupled with general inexperience . 'The reason we're successful is that we got every engineer the top of the line MacBook! No one else does that!' 'The reason we're successful is that we got every engineer a reconditioned MacBook off of eBay! No one else does that!'