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A comment on Why Paul Graham is wrong about New York City. Parent comment

Re:Why Paul Graham is wrong about New York City by dpapathanasiou on Tuesday July 08, 2008 @05:35PM (#240396)
If you know you can quit and -- within a few months -- be earning a great living writing trading algorithms in C++ or reporting systems in Java, a startup is a much saner risk.

That cuts both ways, though: it's too easy to bail at the first hint of trouble at a startup, which is why there are relatively few great startup stories out of NY.

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Re:Why Paul Graham is wrong about New York City by benjamincanfly on Wednesday July 09, 2008 @07:26PM (#241802)
It's easy for a programmer to cover higher living expenses in NYC because tech jobs pay well here. If you quit your job to make a go of it with a startup, you had better start making money quickly, or your reserves will be depleted before you know it. This has happened to me twice in two years.
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