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by toomuchtodo 263 days ago
I buy a lottery ticket for $1, in a moment, with no further effort. A YC startup founder grinds for years, if not a decade, to reach IPO with unknown opportunity costs. They are not the same. How many lottery tickets over how many lottery draws to equalize the odds is a fun thought experiment to quantify a dollar value for the option premium.

17 YC IPOs over how many total YC founder years (Lifetime YC companies * # of founders * years YC company active, roughly)?

(I’ve put a lot of thought into being a founder, from an aggressively data driven perspective about how to spend time, which is non renewable)

1 comments

It's all about the opportunity cost. There are always assumptions that need to be made, but it will be hard to argue that lottery tickets are better than startups. I don't think they are.

A more useful comparison would be a serious statistical analysis between startups and other occupations.

I am not spending years of my life trading money for lottery tickets, startups are worse than lottery tickets
I said "serious".
Thought experiment: who do you think would be better off as a group? 10 college grads working at any of the FAANG+ companies or the same 10 being YC founders?