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by devinhelton
4071 days ago
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If you can get into YC, or have a sellable product, or an idea you are obsessed with, or can get seed funding, then by all means, found a company. But, from my observation of friends who have gone full-time on a startup project, and who tried to bootstrap it into a company, probably less than 1 out of 10 endeavors even makes it to a stage where it could pay anyone a partial market salary. So by joining a seed funded company that can pay you a bit of a money is already decreasing a lot of risk, the company has already made it through the first great filter. The best positions in startup world are: 1) start a company if you have a good idea that you have a unique ability to execute on
2) join a company at seed stage, if you can get at least half market salary and 2-5% stock, and the founders seem top notch
3) join a company after its B round, when product market fit has been proved, and the company his hitting the mega growth part of its hockey stick |
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