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> ...instead of what happens in the US were most employees get rich and some of them go on to create beer startups. Do most startup successes (which themselves
by alpha_squared 6y ago
> ...instead of what happens in the US were most employees get rich and some of them go on to create beer startups.
Do most startup successes (which themselves are quite rare) result in most employees becoming rich? I've had my share of successful startup experience as an employee, and there was a nice payoff, but I'd hardly call it "rich" in any accepted definition of the word. At best, it's made up for the time I spent being underpaid compared to market rates.
- macNchz 6y agoI think your experience is likely the most common, but ultimately the "startup ecosystem boosting" effect being discussed really only needs the occasional company to come along and dramatically outperform, creating a couple hundred new startup-minded millionaires who want to invest or create their own companies.
- alpha_squared 6y agoWhen a company has that sort of exit or IPO that results in a couple hundred new millionaires, it also usually has at least a couple thousand non-millionaires. That still sounds like a far cry from "most" becoming rich.