Re:Silicon Valley's best kept secret: Founder liquidity
by joenot443 on Wednesday June 12, 2024 @08:59AM
(#40657611)
The most common endgame for a startup is slowly running into the ground until the money runs out and you eventually shut the doors. Failing your way into a happy acquisition isn’t really something to expect as a contingency, I don’t think.
[ Parent
| on HN ]
Re:Silicon Valley's best kept secret: Founder liquidity
by tmpz22 on Wednesday June 12, 2024 @12:09PM
(#40659705)
The contingency isn't golden handcuffs its using one of the hundreds of C-level connections you made as a Founder doing sales and networking (and accelerator programs) to get you a cushy gig as a Product Lead, Operations Lead, or similar title with a strong paycheck and immediate authority.
Re:Silicon Valley's best kept secret: Founder liquidity
by BeFlatXIII on Wednesday June 12, 2024 @11:03AM
(#40658952)
Then use those five years to enjoy the fanciest office equipment VC money can buy. Don't cry because it's over; smile because it happened.