I think this is an error in thinking. If the company goes under, everyone is out of a job, not just the founders. The "risk" here is completely overstated for t

I think this is an error in thinking. If the company goes under, everyone is out of a job, not just the founders. The "risk" here is completely overstated for the founding members versus early employees. And the "CEOs can only fail a couple of times" is laughable anecdote. This isn't Baghdad, it's a startup. The risk is about equal for everyone involved.