Starting a company is a risk vs reward calculation. If they were getting high salaries it wouldn't be unreasonable to want to minimize your risk by working on a project on the side while getting a bigger saving bank until a certain point. If you get fired the calculation is now whether you want to invest in job search or take the plunge and start the company
I don’t know that there are any stats on this so in the end it is juts your and my opposing instincts :-)
I'll bet a lot of those "low performers" just had a hard time jumping through hoops at the circus, but will do just fine out on the savannah
> It’s helpful to remember that we’re collectively doing about 1% of what we theoretically could be accomplishing.
Is this supposed to mean anything at all?
If you somehow forced someone to sit and practice drawing a hand for eight hours a day, they would get surprisingly far as an artist.
Being a founder isn’t too dissimilar. Determination tends to be decisive.
If you spent eight hours a day trying to make a small group of users love you, you’d get surprisingly far.
I think that’s what they mean about potential founders at Stripe. There’s a lot of potential energy that a layoff might release.