Re:I Don't Want to Be a Founder
by jmschlmrs on Monday July 20, 2020 @11:01AM
(#23898486)
"[..] while still allowing for a decent income even in the event of failure." How does this work? You're just taking enough of a salary as an early stage C[X]O/founder that your downside is limited?
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Re:I Don't Want to Be a Founder
by thisisbrians on Monday July 20, 2020 @11:14AM
(#23898605)
Essentially. At least enough not to accrue debt. In the event of complete failure of the startup, you'd still likely come out worse financially than if you'd taken a more traditional job (especially in tech). So there is, of course, still substantial opportunity cost — but the upside of success can be huge.