3 ms·

There is so much wrong with Thiel's logic it's not even worth commenting on. It's soundbite material, nothing more.

• qq66 15y ago
  His point is that joining as the 20th employee is often an suboptimal position economically. There's a lot of stability in joining a thriving company that's not going to go bankrupt (e.g, Dropbox). There's a lot of financial upside in being an early employee at a company that becomes successful. Joining as the 20th employee is what Thiel thinks is the worst risk-adjusted financial outcome for an employee -- so what other reasons are you creating for people to join you?