[btipling]

> It's unclear whether the average person learns anything from a startup.

> Entrepreneurs don't seem to learn much from their failures

There is a difference between not learning anything at all and not learning something from failures that will help in a future startup venture. I have learned a tremendous amount working at startups. I am closer to everything, nothing is in a silo and I have gotten exposure to all parts of the architecture whereas at an employer I would have been barred from infrastructure and operation tasks. There is also much more freedom to use whatever technology you want to try out, and thus you learn a lot about new programming languages and new libraries and new ways of doing things without having to get approval from layers of management and architects. You learn about your self too, your limits, you have to become independent, and self-reliant.

> Our most important finding is that the reward to the entrepreneurs who provide the ideas and long hours of hard work in these startups is zero.

Maybe if you only consider money. If you are into startups for the money alone, I feel like I would agree, stay away. If you're in a start up for the small team size, for controlling your own destiny, for being close to the customer, close to the product, and don't want to see your life's days waste away in meetings and products that never see the light of day then the value is actually immeasurable.