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As a YC founder I know exactly what I signed up for. YC is in the business of placing a series of low risk bets twice annually and then sorting through those be
by aelaguiz 13y ago
As a YC founder I know exactly what I signed up for. YC is in the business of placing a series of low risk bets twice annually and then sorting through those bets looking for likely winners, doubling down and helping when possible
It doesn't matter though, they still lower my overall risk profile by being involved and (I believe) increase my odds of success. I believe it's a square deal.
I also believe that fundamentally if there's a time to aim high rather than minimizing downside risk in one's life, it's your 20s. Furthermore to a certain type of personality (mine) a secure life making a few hundred thousand dollars a year in an essentially mind-numbing profession that does little for humanity is unthinkably depressing.
It ain't for everyone, but I don't think it's fair to act as if it's some sort of sinister delusion projected by YC in order to benefit Paul Graham.
- akbar501 13y agoThere are people who aim high whether they are in the 20's, 30's, 40's ... and then there are those who aim low. Age is rarely a factor for those who are shooting for the moon, but it's a great excuse for those who don't.
- ForHackernews 13y ago> secure life making a few hundred thousand dollars a year in an essentially mind-numbing profession that does little for humanity is unthinkably depressing. You realize Wall Street bankers make a few million dollars a year doing mind-numbing work that does little for humanity, right?
- aelaguiz 13y agoYeah that doesn't matter to me. Maybe others experience wealth differently but it made substantially no difference to my day to day happiness (once the newness of the money had worn off) - but working on a project I feel strongly about makes a strong and lasting difference.
- sillysaurus2 13y agoMay I ask, after you were acquired, how long did you end up working for them? How did you feel about it? Was it a jarring experience trying to transition back into more of a "traditional 9-5 mindset," or were you expected to work as hard as before? I've always wondered what that type of situation is like.
- aelaguiz 13y agoJust under 2 years, it was a nightmare. I gained weight and became depressed. I left and will never sell a company like that again. If there's an earn out it'll be 1 year, otherwise I won't do it.
- pyrrhotech 13y agoPerhaps it's my own superego unable to understand experiences outside of my own mind, but I think you either didn't get enough money or haven't learned how to transmute it into happiness. Money is freedom and freedom is happiness. It's that simple. If money doesn't make you happy, nothing will. If you have enough money, you can do anything you want. If you don't have enough money, you can't do anything you want. If you can do anything you want, then by definition you either have happiness or you are unable to achieve happiness. It really is that simple.