Is doing a startup foolish? If you're doing it as a way to earn a better living, it certainly is! It's all about thresholds. With anything between a decent and

Is doing a startup foolish? If you're doing it as a way to earn a better living, it certainly is! It's all about thresholds. With anything between a decent and really good salary (say 75k to 200k), your life is pretty much the same except for the level of luxury in what you own. You still have a mortgage to pay and if you lose your job, you need to find a new one very soon or you'll be draining your savings and defaulting on debt payments within a few months. If someone offers to buy your startup and that would get you over a major threshold (eg. clear the mortgage and debts, enough cash left to carry on current rate of spending for a couple years), it would be foolish not to take it, especially if you have kids. Get a bit of rest and aim for the higher thresholds on your next startup.