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Our you have this belief that companies are started mostly by people with money. A high number of the founders I know were all broke as heck to get to company
by czbond 4y ago
Our you have this belief that companies are started mostly by people with money.
A high number of the founders I know were all broke as heck to get to company success with no personal or family money.
- lifeisstillgood 4y agoWould they all have preferred to have had a salary while they built the company? I am guessing yes. The "problem" is to find the "right" people to give salaries to. VC theory today seems to say "the right people are so hungry / passionate / desperate that they will work for nothing to make their project succeed, therefore we don't have to pay salaries" My conjecture is that far far more people will make good founders of good companies than the subset that will risk family ruin. So there is a real problem in that those people "should" be given a salary and told to found the company that will benefit the world. and VCs don't know how to find or find them