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I think the perception of raising venture capital has soured. You really are an employee. Many founders of well known companies make far less than you would exp
by ldjkfkdsjnv 3y ago
I think the perception of raising venture capital has soured. You really are an employee. Many founders of well known companies make far less than you would expect. Generate and own a SAAS business that does 1M in ARR, and you can almost walk away with 5-10M. This can be done in a few years.
Do that with a venture backed business, they will force you to raise a series A and shoot for a 200M+ outcome. If you dont increase revenue, they want you to fail/go to zero trying to shoot for the moon. You might spend the next 5 years at a 200k salary, while you could have reached financial security at FAANG. Also, many companies have less respect for founders than you would expect. Its not the career boost people think it will be. You are building a different skill set thats not as useful inside a high paying tech company, aside from engineering. Which even then, is very different at a startup.
- ralph84 3y agoIt’s not a great time to be a VC investor either. Megacap tech stocks have outperformed most VC funds as of late.