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It makes some sense to sell out if you're building a product that will at best acquire a tiny sliver of the market, which almost all companies will. But there's
by worldsayshi 1y ago
It makes some sense to sell out if you're building a product that will at best acquire a tiny sliver of the market, which almost all companies will. But there's at least a few AI companies, like Anthropic, that could potentially balloon towards becoming a Big Tech company. So it makes sense for them to not sell out for the time being.
- newsclues 1y agoSell out, or get big enough to buy out others.
- bluGill 1y agoYou don'thave to - but that means setteling for a job that earns an okay income. Sell out for millions now - more that your lifetime earnings and use the time and money for - what you want
- mattgreenrocks 1y agoI wonder what percentage of people in tech are working to cash out some way. 60%? More? I argue it is both understandable (autonomy is a healthy thing) and also damages the culture at large.
- bluGill 1y agoMost by far are working for someone else. They get no stock option, or if they get them they are of minimal value. Their generally get a good 401k (us only) and so can retire well off but would not call themselves rich.