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He's comparing the best employment outcome ( cushy working conditions, a six-figure salary, and generous stock options ) with worst entrepreneurism outcome ( fa
by klaudius 8y ago
He's comparing the best employment outcome ( cushy working conditions, a six-figure salary, and generous stock options ) with worst entrepreneurism outcome ( failure, small commodity business, too much work ).
There is a BIG difference between what is called "small business" and "startup". Small business doesn't scale, while startup starts small, but it can scale globally and create better moat ( scale, network effects, brand ).
People here are interested in startups, not small business.
Tech entrepreneurism is actually underrated since nowhere else do you have low starting costs, global audience, low marginal costs etc. ( https://signalvnoise.com/posts/3324-commercial-freedom https://signalvnoise.com/posts/3324-commercial-freedom ) .