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I think one should argue that starting a business is high risk, mediocre reward. Most businesses just kinda trudge along, not leaving with the fairy tale return
by jakjak123 3y ago
I think one should argue that starting a business is high risk, mediocre reward. Most businesses just kinda trudge along, not leaving with the fairy tale returns of FAANG. Those are unicorns for a reason. Most of the businesses I've worked for, some of the founders are still working there and while they are pretty well off, they either havent sold yet (no big payday) or they made a meager sale netting them a very good pay, but probably averaged less than an engineer in SV on a 10 year horizon.
- zrm 3y agoIt's expecting the high reward which is high risk. Creating a small business that can trudge along and pay you a modest salary is fairly common.
- PaulDavisThe1st 3y agoPG's post was called "How to start Google"
- zrm 3y agoAnd starting Google is the high-risk high-reward thing.