11–16 of 16 posts
Ever notice how founders and early hires push themselves to the brink with no regard for comfort. And then, after they make it, they change their culture and encourage fancy lunches, massages, etc?
Is that why mighty companies start languishing?
Which ad is your startup putting out? Wanted. People (realistically, mostly men, but we live in enlightened times so we cloak reality in rhetoric) for programming. Low wages. Long hours, many in darkness, illuminated primarily by monitors. Maintenance of social life and health doubtful. Success extraordinarily unlikely. Riches beyond your wildest dreams in event of success. or Wanted. People who make things people pa…
Luke: Listen, if you were to rescue her, the reward would be... Han Solo: What? Luke: Well, more wealth than you can imagine! Han Solo: I don't know, I can *imagine* quite a bit. Do you really think startups are the road to "riches beyond your wildest dreams"? Most of them get sold for finite amounts of cash, last time I checked. Typically, even key employees just get a few tens of thousands of dollars, and a stack o…
Yep, once dilution is factored in... Basically unless you are a founder, equity should not be a factor in deciding whether to join a startup. Do it because you believe in the mission, do it because you want the experience, whatever. Not that a 5-figure cheque isn't nice, mind. I paid off all my student debt and did some traveling when a dotcom IPO'd (same dotcom paid me nearly as much as a severance package about a year later). But don't count on retiring even if everything goes perfectly.
Which ad is your startup putting out? Wanted. People (realistically, mostly men, but we live in enlightened times so we cloak reality in rhetoric) for programming. Low wages. Long hours, many in darkness, illuminated primarily by monitors. Maintenance of social life and health doubtful. Success extraordinarily unlikely. Riches beyond your wildest dreams in event of success. or Wanted. People who make things people pa…
Luke: Listen, if you were to rescue her, the reward would be... Han Solo: What? Luke: Well, more wealth than you can imagine! Han Solo: I don't know, I can *imagine* quite a bit. Do you really think startups are the road to "riches beyond your wildest dreams"? Most of them get sold for finite amounts of cash, last time I checked. Typically, even key employees just get a few tens of thousands of dollars, and a stack o…
I burnt out working in China, saved money by teaching SAT prep in Beijing and then fully recovered my senses in Lao.
As I mentioned a month(?) ago, I'm working on a free version of a minix-lookalike for AT-386 computers. It has finally reached the stage where it's even usable (though may not be depending on what you want), and I am willing to put out the sources for wider distribution..." - Linus Torvalds
For those who haven't read about his story: http://en.wikipedia.org/wiki/Imperial_Trans-Antarctic_Expedi...
.. amazing stuff.