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There's no foolproof way to know what will generate value ahead of time. Sometimes in order to use their skills to generate value a developer requires resources
by jiggy2011 13y ago
There's no foolproof way to know what will generate value ahead of time. Sometimes in order to use their skills to generate value a developer requires resources ahead of time that only a large company can provide.
If you work on a failed project as an employee, then at least you got paid a salary during that time. As a startup founder you walk away with nothing.
- seiji 13y agoAs a startup founder you walk away with nothing. That's kinda the problem these days. Failed startups have social connections making founders millionaires even when their venture was worthless. Some startups (not in the tumblr case) are essentially projects where you show the world Hey I Can Do Stuff then you get a few million dollars as a hiring bonus.
- icebraining 13y agoFailed startups have social connections making founders millionaires even when their venture was worthless. They do? Where does all that money come from and why would its owners give it away like that? Some startups (not in the tumblr case) are essentially projects where you show the world Hey I Can Do Stuff then you get a few million dollars as a hiring bonus. Yes. And for each, there are a bunch from which the founders walk away with very little. Maybe instead of assuming the Yahoo! workers are all idiots who are exploited because they're unable to see that they should all be working at startups, you should try to start from the principle that they're not idiots and understand why they don't.