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You guys are missing the point, "aiming", the industry's carrot to overwork yourselves for the startup lottery and forget about the rest. http://www.jwz.org/bl
by alecco 13y ago
You guys are missing the point, "aiming", the industry's carrot to overwork yourselves for the startup lottery and forget about the rest.
http://www.jwz.org/blog/2011/11/watch-a-vc-use-my-name-to-sell-a-con/ http://www.jwz.org/blog/2011/11/watch-a-vc-use-my-name-to-se... (ironically bashing TC)
- eli_gottlieb 13y agoSaying that I miss the point would imply that I actually buy into the con in the first place. I have much better things to do with my time than that.
- Crito 13y agoThere are much easier ways to make 6-figures than playing the startup lottery. (I mean, unless perhaps we are considering multi-billion dollar businesses that happen to be located in California to be "startups").
- strlen 13y agoNeither a six figure salary nor a sports car require winning the startup lottery or overwork. Nor do sports cars require six figure salaries: case-in-point, a good condition used Honda S2000 can be had for under $10,000 if not under $5,000 these days. Nor are startups lottery tickets: people tend to overvalue equity at early startups, but tend to undervalue it at mature and well established ones (the equity percentage may be smaller, but the chance of that equity becoming liquid and appreciating is higher).