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I think it comes down to the fact that, considering the work involved and that the majority of startups fail, it's never an economically rational decision to wo
by il 16y ago
I think it comes down to the fact that, considering the work involved and that the majority of startups fail, it's never an economically rational decision to work on a startup. Realistic to most people means in the "real world" you follow a safe familiar progression from school to entry level job to management to retirement. There are guide rails and evaluations along the way to make sure you're on track.
You found a startup because you wouldn't be happy doing anything else.
I can't imagine getting a real job. Ever. For me, the set of things I could be doing with my life is {startup}.
I remember seeing a quote from some very successful founder saying that the only reason he went into entrepreneurship is because he was completely unemployable.
- cynicalkane 16y agoIt can be economically rational if you value things other than the expected value of your money-to-utility function. <rant> People forget that economics takes into account things other than money. A lot of "economic" discussion would go a lot smoother if people remembered this. </rant>
- stretchwithme 16y agoYeah, what's actually rational cannot all be put into a spreadsheet.