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We normally talk about the risk burden of founders (we're all either founders or will be soon, right?). We don't often talk about how everyone involved in a bu
by drewcoo 3y ago
We normally talk about the risk burden of founders (we're all either founders or will be soon, right?).
We don't often talk about how everyone involved in a business takes on risk. This is a great example of all the employees risking being cut off from funds and health care.
Those employees won't be lionized for "learning from their mistakes" when they get a new (better paying?) job, will they?
Those employees also didn't get a say in how the company was run despite the fact that they were taking a serious risk, too. Probably a more serious risk than a founder, given that most founders are wealthy or backed by wealth.
Convoy closing sucks. But it does not suck at all as an illustration of the problems in startup culture . . .
- paulddraper 3y ago> most founders are wealthy or backed by wealth Back that up