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Why building a startup is probably your most sensible career path

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31–40 of 191 posts

Re: Why building a startup is probably your most sensible career path

#31
post #14

Usually a bubble is just about to burst when the last hold out becomes convinced and buys into the hype. The enthusiasm stems from a belief that it will always continue and apply to everyone. Then destruction and chaos.

If we end up with a bubble in this case, it will be due to the nature of hard science contrasted against the prevailing Theranosian assumption that R&D can be brute forced by entrepreneurs.

Re: Why building a startup is probably your most sensible career path

#32

I didn't go as far as PhD, but when I came out of uni, I knew nothing about life or work. I really wouldn't recommend anyone to try to launch their own startup right out of uni (especially not alone). When I think back to it; if I had succeeded with my first startup right out of uni, I would have had a seriously distorted view of life. My idea of 'hard work' has changed a lot since then. Staying up till 3am a few tim…

Writing the 100 page thesis is not the hard work part of a PhD. Doing the research to have the results to write that thesis is the hard work. Unless you are uncommonly lucky, you will fail at some avenues of research and have to slog through lots of painstaking work. I don't (yet) know how that compares to the challenges of a startup, but a PhD is an entirely different animal than an undergrad degree (for better or w…

I worked on some pretty big projects and did a lot of research. That was easy.

Part of the reason why it was easy was because I knew that if I put in the effort, I would almost certainly pass the course. At uni, if you're smart, the odds are always stacked firmly in your favor.

Failing a PhD thesis during the defence is apparently a 'rare occurrence' in most universities.

By contrast, the odds of your startup not failing are like 10%. Now if we're talking about actual 'success' then that's like 1% or less (it certainly feels like that from where I'm standing).

With these sorts of odds, you don't have this feeling of 'meritocracy' that you might get if you came right out of uni.

Re: Why building a startup is probably your most sensible career path

#33
post #16

Earlier quoted context omitted.

> Writing a 100 page thesis is not hard work either Except if you stubbornly decide to fully understand LaTeX in the process.

Dear lord, I've started writing all of my mathematics homework in LaTeX, it's not even remotely reasonable. Though interestingly, having to be more deliberate in my operations do make me have a much more rigorous understanding of what I'm doing.

> it's not even remotely reasonable.

What is more scary: I exclusively write LaTeX equations in emails, raw to my colleagues. We have all been working with it for so long it is a native language.

Math does funny stuff to your brain.

Re: Why building a startup is probably your most sensible career path

#35
Every PhD student should read this book [1] about academic job perspectives. It's a bit of a cold shower, but it also tells you how to deal with it, if that's what you really want after all.

[1] https://www.amazon.com/Professor-Essential-Guide-Turning-Ph-...

Re: Why building a startup is probably your most sensible career path

#36

I didn't go as far as PhD, but when I came out of uni, I knew nothing about life or work. I really wouldn't recommend anyone to try to launch their own startup right out of uni (especially not alone). When I think back to it; if I had succeeded with my first startup right out of uni, I would have had a seriously distorted view of life. My idea of 'hard work' has changed a lot since then. Staying up till 3am a few tim…

> Writing a 100 page thesis is not hard work either. Maybe don't belittle things you've never done? Doing a PhD is not just sitting down and writing a thesis, and it's also not just taking a few classes that occasionally require late nights. A PhD student is typically teaching one or more classes, learning as much as possible about his/her field, reading papers at the forefront of research in his/her field, conductin…

Seconded.

1) A PhD is a very personal experience, but hard work is the common denominator.

2) The article is off - very much because there is a multitude of outcomes when it comes to personal development during a PhD.

Re: Why building a startup is probably your most sensible career path

#38

Earlier quoted context omitted.

Writing the 100 page thesis is not the hard work part of a PhD. Doing the research to have the results to write that thesis is the hard work. Unless you are uncommonly lucky, you will fail at some avenues of research and have to slog through lots of painstaking work. I don't (yet) know how that compares to the challenges of a startup, but a PhD is an entirely different animal than an undergrad degree (for better or w…

I worked on some pretty big projects and did a lot of research. That was easy. Part of the reason why it was easy was because I knew that if I put in the effort, I would almost certainly pass the course. At uni, if you're smart, the odds are always stacked firmly in your favor. Failing a PhD thesis during the defence is apparently a 'rare occurrence' in most universities. By contrast, the odds of your startup not fai…

You do not have the experience or expertise to justify your claims; a PhD thesis is in no way like doing a regular research project, or passing a course in university.

The reason why failing a PhD thesis defense is rare is because your adviser should prevent you from defending until the product is sufficiently strong. Many, many, many more people fail by dropping out of a PhD program during their dissertation than fail by doing a poor defense. Comparing successful thesis defense rates to startup success rates is not valid.

Re: Why building a startup is probably your most sensible career path

#39

Earlier quoted context omitted.

Writing the 100 page thesis is not the hard work part of a PhD. Doing the research to have the results to write that thesis is the hard work. Unless you are uncommonly lucky, you will fail at some avenues of research and have to slog through lots of painstaking work. I don't (yet) know how that compares to the challenges of a startup, but a PhD is an entirely different animal than an undergrad degree (for better or w…

I worked on some pretty big projects and did a lot of research. That was easy. Part of the reason why it was easy was because I knew that if I put in the effort, I would almost certainly pass the course. At uni, if you're smart, the odds are always stacked firmly in your favor. Failing a PhD thesis during the defence is apparently a 'rare occurrence' in most universities. By contrast, the odds of your startup not fai…

> Failing a PhD thesis during the defence is apparently a 'rare occurrence' in most universities.

Yes, but not for the reasons you think. Typically the advisor and thesis committee simply will not let the student defend (or at least will strongly urge the student not to defend) unless they are extremely confident the student is ready and will pass. A student failing the defense would be embarrassing for everyone, and so the real judging happens well before that. These days the defense is mostly a formality.

Moreover, students are not even admitted to the program unless they show very strong promise of being able to complete it. If you want to look at low success rates, here is one place to see it. Very few students graduating with a BS in any given field (computer science, mathematics, whatever) have any chance whatsoever of getting admitted to a decent PhD program in that field.

Why is it so hard for you to believe that getting a PhD (something you've never done and know nothing about) is hard?

Re: Why building a startup is probably your most sensible career path

#40

I didn't go as far as PhD, but when I came out of uni, I knew nothing about life or work. I really wouldn't recommend anyone to try to launch their own startup right out of uni (especially not alone). When I think back to it; if I had succeeded with my first startup right out of uni, I would have had a seriously distorted view of life. My idea of 'hard work' has changed a lot since then. Staying up till 3am a few tim…

> My idea of 'hard work' has changed a lot since then.

I'm a phd student and my idea of 'hard work' has changed a lot since I started, too. The master's was child's play. Now it's about determination and finding avenues forward when facing problems that are so large that even finding a good question to ask is a major success. Staying up late and putting in the hours is the easy part.

This is not as simple as you imagine it to be.

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