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Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards by wakeupthedawn on Thursday February 25, 2010 @06:24PM (#1151878)
If your goal in a startup is to become rich, become a founder.
Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards by dannyr on Thursday February 25, 2010 @09:56PM (#1152243)
Well, 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.

Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards by plinkplonk on Friday February 26, 2010 @01:49AM (#1152609)
"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.

Re:Memo to CEOs & Founders: Stop Being Such Cheap Bastards by staunch on Thursday February 25, 2010 @11:57PM (#1152415)
Chris 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/