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In the vast majority of cases, the startup will not succeed, and the investor will lose their investment, while the founder will make $100,000 less than the eng
by marknutter 3y ago
In the vast majority of cases, the startup will not succeed, and the investor will lose their investment, while the founder will make $100,000 less than the engineer and lose credibility as a founder in the process. The engineer loses nothing other than the potential future income they might have received if the company had succeeded, and they will likely just find another job.
- lifeonlars 3y agoObviously to the investor, only the average case over a large number of investments matters.
- pseudalopex 3y agoMany founders had failed startups before. A significant loss of credibility is not the vast majority of cases in my experience. And paying themselves less than engineers is not universal either.