[RedwoodCity]

Even if a startup fails helpfully everyone involved learned some lessons. I know people who have been founders or have worked in startups that didn't succeed, in-spite of that have gone on to do a variety of interesting things.

Companies fail for all sorts of reasons that are often well beyond their control. Being part of such a team is hardly the kiss of death provided you can explain what you did and what you learned.

You lose 100% of the games you never play. Go into it with your eyes open that more than likely you won't be the next instagram, but you will develop many skills can be broadly applied outside of starting a company. With the right attitude it doesn't matter if you strike it rich, because frequently good ideas(supersonic air travel, concord ) lose and a lot of seemingly bad ideas have made people wealthy(pet rocks).