Young New Yorkers Make a Brand New Start of It, on the Cheap

Re:Young New Yorkers Make a Brand New Start of It, on the Cheap by osipov on Monday May 26, 2008 @05:03PM (#200446)

To rephrase Freakonomics, "what do drug dealers, high school football players, and young New Yorkers have in common?" http://freakonomicsbook.com/thebook/ch3.html

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Re:Young New Yorkers Make a Brand New Start of It, on the Cheap by ardit33 on Monday May 26, 2008 @05:48PM (#200472)

could you add "employeers on a startup" in that list? What's the ratio of people that made good fortune (500k+) on a startup, with those that just got scraps, and an ok paycheck, for a lot of work, or nothing at all.

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Re:Young New Yorkers Make a Brand New Start of It, on the Cheap by helveticaman on Tuesday May 27, 2008 @01:17AM (#200702)

In the 90s, I heard it was 4.7% of computer (I guess that's software) startups made the fortune 500.

The odds of a startup taking off are about one in three or four, which isn't all that bad.

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