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If your goal in a startup is to become rich, become a founder.
by wakeupthedawn 17y ago
If your goal in a startup is to become rich, become a founder.
- dannyr 17y agoWell, if everybody who wants to get rich becomes a founder, there will be no employees or at least there will be no highly-motivated employees. It takes more than the founders to build a successful company.
- staunch 17y agoChris Dixon talked about this recently. The first line starts with "For most people I know who join or start companies, the primary goal is not to get rich..." http://cdixon.org/2009/10/22/the-ideal-startup-career-path/ http://cdixon.org/2009/10/22/the-ideal-startup-career-path/
- plinkplonk 17y ago"It takes more than the founders to build a successful company." Not if you are looking for a 50 million payout. Which, the article seems to imply, is the average buyout amount these days. I believe pg and co managed to make around that much a decade ago. By the time you hire employees you'd better be shooting for a lot more and have some convincing reasons/data why you have a shot at succeeding if you want to get talented people to join you.