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by rehack
5174 days ago
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I am doing a Startup for around 5 years - doing reasonably well, not very well (drawing less than market salary). Thankfully, was unfazed by the last slow down in 2008. In 2000/2001 I was doing a job. But that burst was very loud, and the first one for the Internet. Can only hope there are not many like those. Based on your story, I think, you also should not be too much affected by any bubble bursts. As you work in a mode of drawing 60% of your salary, and it looks like its from revenue and not VC funding. So that kind of modes, clearly suggest you are not inside the bubble. So when a bubble burst, it will happen to directly affect the ones who are VC funded. If you run based on revenues, then it will hurt you only indirectly. PG wrote in one essay, that be like a cockroach(which survives), and not like a beautiful flower(which gets crushed). So in this context of a bubble burst, can say that revenue based is being like a cockroach. :-) |
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