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Most were always doomed. Its an odds game and you get a few game-changers by achieving a critical mass of startups in a given area, then allowing them to cross
by tsunamifury 13y ago
Most were always doomed. Its an odds game and you get a few game-changers by achieving a critical mass of startups in a given area, then allowing them to cross-polinate and share resources in order to breed more successful startups.
Your statement is an example of a non-bay-area mindset. Failure if a badge of honor -- it means you contributed to the community.
- michaelochurch 13y agoFailure if a badge of honor -- it means you contributed to the community. Founders move on to get jobs as VCs or high-ranking executives at more stable companies. Employees lose their jobs and don't get any severance. Yes, honorable.
- tsunamifury 13y agoMichael, I think your pragmatic perspective here is important, but I disagree. If you aren't prepared financially to play the startup game, you shouldn't. If you do play, you should be WELL AWARE of the risks associated. It is a game, you play for sport not survival.
- michaelochurch 13y agoThe problem is that, while founders are aware, most startup employees have no idea and there are plenty of companies that make a policy of deliberately misleading people.
- deleted 13y ago[deleted]