4 ms·
> Get rich quick in case of success. This is just betting. The probability of success is extremely low. Would be as wise as betting part of your salary each we
by kartan 8y ago
> Get rich quick in case of success.
This is just betting. The probability of success is extremely low. Would be as wise as betting part of your salary each week in the lottery.
- strken 8y agoIt's not quite the same. It might be closer to investing part of your salary in the same penny stock each week.
- toomuchtodo 8y agoI’m confident one could do better with short duration out of the money options on SPX while working a comfy BigCo job than anyone here could with their ISO options. And you’re not wasting years of your life grinding to do it. No startups unless you’re the founder and you can iterate as a side project while collecting a check from someone else.
- jerf 8y ago"I’m confident one could do better with short duration out of the money options on SPX while working a comfy BigCo job than anyone here could with their options." Yeah... if you bound your losses by giving up at a certain point, that's true. And if you take your BigCo salary and subtract the startup salary, the result is a pretty big stake to put into the short-term options gambling game. I'm not endorsing this plan... I'm observing that if this is a more financially sensible thing to do than work at a startup (in 2019), working at a startup must be a terrible idea...(!)