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by guelo
3816 days ago
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1. The odds of succeeding at a startup are a lot better than 292 million to 1. 2. You get a paycheck, even if it's less than market rate. 3. It's fun and exciting to use someone else's money to try to come up with a new business type. |
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Most startups are not able to raise money from outside investors. In fact I'd say outside of the Stanford student/graduate/dropout crowd, it's probably less than 1%. The other 99% also don't get paychecks because they can't draw from investment capital they never got.