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by atleastoptimal
971 days ago
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Imo to really succeed as a founder you need either 1. 99.9th percentile technical brilliance 2. 99.9th percentile mixture of relentlessness and charm/natural likability due to charisma, attractiveness, etc 3. 99.9th percentile luck and alignment of the stars of marker forces and technological progress in your favor Imo if you know you're not a special, magical person by the first two metrics, watching how things change/emerge will give you some edge on the third. |
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I’ve watched them found rock-solid companies and build great teams (I’ve worked on them)… and then for some reason several times in a VC-backed Boards like to bring in their own guys and push out the actual founders.
In short, I’ve watched VC rob my friends of their joy and in some cases cheat them of their blood, sweat, and equity. Good luck exercising those options on a non-IPO firm when you’re scrambling to find a new job to keep the mortgage current.
I’m really soured in the whole “start a startup.” There’s so much chicanery going on in the business world that it’s just sickening to see.