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The big advantages to the startup in this case are the following: 1) More potential for upside since you own it yourself and can potentially reap the financial
by hkarthik 15y ago
The big advantages to the startup in this case are the following:
1) More potential for upside since you own it yourself and can potentially reap the financial benefits more easily.
2) Potentially less oversight and freedom to pivot/pursue different directions (depends on how your startup is financed).
3) Freedom to use different technology, personnel, and office space than in the parent corporation.
I think #2 and #3 are the main things that are driving people to start companies today.
- zeratul 15y agoThank you. I understand that office space, personnel, and financial benefits are big advantages in startup company. The other points you are making might become disadvantages, especially for those that do not have good outside guidance. My understanding is that organizations like YC help you "trim" your ideas and stay focus. One might even think that YC is something like a board of trustees or senior management. Obviously, without the part where if everyone thinks your approach is really bad idea they will not let you do it.