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by dxbydt
3568 days ago
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I agree with the article not because I've drunk the kool-aid but because I have seen the math work out on numerous occasions. Say you average $x per year for 3 years, then your startup fails, so you join bigcorp at $y.
So at the end of 4 years you have 3x+y. Your conservative classmate joins a bigcorp and stays there 4 years averaging $z per year.
So he now has 4z. It's a simple exercise to enumerate tuples (x,y,z) where
3x + y > 4z. Literally in every case I have seen up close and personal, the LHS exceeded the RHS. And I'm not going to argue with math. |
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A failed startup can be very expensive. You might break even. You might not. Just from the financial perspective on it, when you start including negative and near-zero values on the left side of that equation, conservative job at bigcorp starts looking good.
Then think about the rest of your life. Surely there is some value in getting enough sleep, having free time, work-life balance (because your work isn't 100% of your life), and a basic level of security. Startup life sucks; there are far fewer people who have what it takes (including luck) than there are people who think they do.