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by __derek__ 1300 days ago
Reaching for an "extreme" label is the issue here. What you've described in the blog post is lower opportunity costs. That is compatible with but doesn't imply desperation or a lack of alternatives: neither applies to the "revenge" founders or the folks foregoing $200k+ salaries, for example. In fact, both are able to take the risk because of solid-but-not-extravagant alternatives (wealth from prior exit and highly-compensated jobs, respectively). That's what separates both from the VPs pulling down million-dollar comp, who face much higher opportunity costs for the exact same potential reward.