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Re:How People Get Rich Now by afpx on Monday April 12, 2021 @01:13PM (#26782076)
Over 25 years, I worked for 4 startups, 2 pre series A, 2 series A. All were VC funded, high growth, successful. 3 were acquired; 1 stayed private.

I worked for startups because I really wanted to “get rich”. And, I put way too many hours in trying. In the end, I did get moderately rich. But, honestly, it was mostly from saving and investing well, not from exit events. Unless you play the political game, I doubt you’re gonna get rich from options. And, they don’t write the options contracts like they used to.

When I started working, I made $30k / year, and I loved my work. Now, I make $180k / year, and I hate it. I hate the people mostly, and the politics. Lol. I do have enough to retire early, and I probably will because generally I feel the golden years of software development seem over. I liked it better when it was a bunch of nerds playing with tech - people who loved it. Now, it’s more people who would have otherwise gone into banking. Ymmv.

Re:How People Get Rich Now by bob33212 on Monday April 12, 2021 @01:25PM (#26782283)
I have a similar background, and also miss the 90s where the people playing with tech were not thinking about the money but actually enjoyed the coding.

What I find hopeful about Paul's essay and the current state of the world is that I can start my own company for next to nothing. And I only have to find a couple customers to cover my living expenses. I'm not going to be the CEO of a billion dollar company and that is fine. I don't want to have those responsibilities.

Re:How People Get Rich Now by danielscrubs on Monday April 12, 2021 @02:20PM (#26783051)
Not sure about that. Let’s say you have 10x cheaper tools, but 1000x more competition can you still make it?
Re:How People Get Rich Now by bob33212 on Monday April 12, 2021 @02:35PM (#26783265)
The world is becoming more fragmented and long tails are getting longer. I'm not going to build a competitor to Facebook or AWS, but there are thousands of small untapped market segments.