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You’re ignoring the boring but more important human aspect for abstraction: he was capable of getting such a job once and was well connected to a couple dozen p
by herennow88 7y ago
You’re ignoring the boring but more important human aspect for abstraction: he was capable of getting such a job once and was well connected to a couple dozen people that could toss $50k/each at him on a pipe dream.
If it failed, he would have had plenty of options relative to the average worker.
- mrep 7y agoAnd he lost out on hundreds of thousands of dollars of real income while pursuing said startup. In his case, the stock that he created ended up being worth way more but for 90% of companies, that stock will be worth nothing.