Why building a startup is probably your most sensible career path
1–10 of 191 posts
Re: Why building a startup is probably your most sensible career path
#2Glug glug glug. The sound of Koolaid being drunk..
Re: Why building a startup is probably your most sensible career path
#3"Your PHD has..."
closes tab
Re: Why building a startup is probably your most sensible career path
#4... if you've just gotten your Ph.D., know how to get some specific grants, have no interest in remaining in academia, and consider it against only one alternative: becoming a professor.
Re: Why building a startup is probably your most sensible career path
#5"That clearly sounds dismal, but it doesn’t matter – as long as you can cover your costs while you try then your upside is nearly unlimited, whilst your downside is virtually non-existent"
Um, yes except for the part about paying for food and shelter ??
Re: Why building a startup is probably your most sensible career path
#6I really do not understand the cynical posts here, but given the path for Ph.D.s trying to get tenure is getting more difficult. Deep Science ventures are providing a path ahead. I understand the writer is vested in his venture. I was watching the ultra-endurance documentary the one in Tennesse, he was telling its usually people with Masters or PhDs who excel at this because they are used to planning and preparation.
A Ph.D means you have higher than average IQ and you have grit, honestly, without will-power no body completes Ph.D. which have great correlation of success.
You can learn marketing (which is very important), improve you EQ with seminars but Depth of Ph.D. and grit to the finish line is not easy to get.
Its not automatic, but I agree with the essence of the article.
edit: I am not a Ph.D.
Re: Why building a startup is probably your most sensible career path
#7"Your PHD has..." closes tab
Haha, I think I closed the tab after reading the same. It's like creating a startup is like a loaf of bread you pick up at the store on the way home.
Re: Why building a startup is probably your most sensible career path
#8As a Ph.D. student, I found this to be an interesting outlook, albeit a bleak look at the current job market. My research is in machine learning, and I'm hoping my job search will be easier :P
Re: Why building a startup is probably your most sensible career path
#9"Now, the most successful investors are increasingly coming to the realisation that searching for the low hanging fruit in web-tech is nearing the point of diminishing returns."
This is true in the sense that the amount of VC poured into things such as social networks or SoLoMo startups is decreasing and the amount of VC poured into things such as machine-learning based startups is increasing. Even though the amount poured into the first is still larger than the amount poured into the second.
However, this article shouldn't discourage people with just an undergrad (or even without an undergrad) to start startups. A group of 22 year olds might know about Deep Learning and might just apply it as a medium to a solution in a different narrow domain than a group of 40 year olds will.
Re: Why building a startup is probably your most sensible career path
#10"That clearly sounds dismal, but it doesn’t matter – as long as you can cover your costs while you try then your upside is nearly unlimited, whilst your downside is virtually non-existent" Um, yes except for the part about paying for food and shelter ??
Cover your costs includes mortgage and food in this context.