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by nxh
4281 days ago
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The fact is most startups will fail[1]. If I fail and try again and again, statistically I will probably fail eventually. Therefore, most of us will end up working for other companies. Statistically again, there are a lot more employees in well established companies than startups so most of us will likely end up working for well established/large organizations. So my question is: does the experience, the knowledge I learn from startups helps me on my probably eventual job in an established company? Should I just go work for a large company right away so I can be good at what I will end up doing? It seems to be opposite to what PG said[2]. [1] http://online.wsj.com/news/articles/SB1000087239639044372020... [2] http://www.paulgraham.com/boss.html |
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From a rational standpoint, having even a mild level of success that ends up in an acqui-hire instead of an outright failure will yield you a better offer from a large corp than an applicant who just sent his resume in.
Given two choices - equivalent compensation at failure, and higher compensation at anything but failure, you should do a startup.
That does not take into account stress levels and opportunity cost of your spare time.