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I think you focused too much on the "FAANG" part of my previous post and not enough on the "odds" part. Let me rephrase my previous point: Startups are not
by WJW 4y ago
I think you focused too much on the "FAANG" part of my previous post and not enough on the "odds" part. Let me rephrase my previous point:
Startups are not a reliable path to riches, anymore than the casino is.
A "normal" career, whether in FAANG or in the less flashy parts of the industry, has a vastly lower variablility than the startup route with the same or higher expected value when measured over a few decades. Don't get fooled by the marketing posts that feature only successful founders while ignoring the mountain of failed startups that cost their early employees millions in opportunity costs.
- ghaff 4y agoThere's this certain FAANG vs. startup dichotomy in this thread. There are a ton of IT-related jobs that pay very decent professional salaries (in not necessarily the very most expensive locations to live) and have interesting --if not necessarily cutting-edge--work. A ton of people are just fine with that. It's not like you need to work at Google or a startup to not be a failure.