2 ms·
Most startups shouldn't as they're lousy ideas doomed to fail. For anybody who hasn't done a startup you find 99% fail and the other 1% with a genuine exit stra
by sys_64738 7y ago
Most startups shouldn't as they're lousy ideas doomed to fail. For anybody who hasn't done a startup you find 99% fail and the other 1% with a genuine exit strategy sure won't share the wealth with non-investors. That rules out employees who get some 'shares' at the promised IPO and forgo a decent salary in lieu of making the megabucks from IPO. It won't happen to you but if it does well done for being damn lucky.
- fossuser 7y agoIf you're choosing to work at a startup you're basically an investor, but you're gambling your time instead of your capital (sort of - time is an opportunity cost of capital you could be making elsewhere). Not everyone is good at being an investor, but it's not entirely luck, there is skill in determining what companies are good and what companies are not.