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by obviouslygreen 4837 days ago
Honestly, as soon as you've started a company and actually worked at it for a little while, you realize how little that means. A company is a legal entity; it's easy and (can be) cheap to establish. Building a business is a totally different matter, and I don't think people understand how different the two are.

My guess is that most rational people who attempt the former learn to respect the latter, and either do a better job the second time (or, rarely, figure it out the first time) or decide they're better off working for someone else.

Of course, that formula fails as soon as some gasbag gets VC money for spouting the right spin... but hopefully that's a very, very small minority. :)