[chatmasta]

To be clear, I don’t mean to apply that sentiment to every ex-BigCo entrepreneur. Of course many are successful.

However, in my experience the skillset that makes a good $BigCo employee is often distinct from, or even mutually incompatible with, the skillset that makes a good entrepreneur.

Since ex-BigCo employees are likely to get funding even with very little traction (because VCs like to invest in ex-BigCo teams), those entrepreneurs are more likely to found a business that is well-funded but fundamentally doomed to fail. The founders want to feel like they’re running a business, and they go through the motions of it, despite little substance or strategy behind the product. I believe Paul Graham calls it “playing house.”