Re:Lessons from a failed startup
by Tichy on Friday May 01, 2009 @04:55AM
(#588276)
I can not follow your logic. I never had VC investment, but I did not even think the VCs pay you. Even if they did, wouldn't you access your value by the expected outcome P(failure)0+P(success)10 billions?
It also doesn't matter, because I still think the opportunity cost equation holds. If you decide now to become a waiter instead of an IT consultant, it costs you 70$ an hour to be a waiter (assuming waiters earn 10$/h and consultants 80$/h). I don't think there is a way around that.
It also doesn't matter, because I still think the opportunity cost equation holds. If you decide now to become a waiter instead of an IT consultant, it costs you 70$ an hour to be a waiter (assuming waiters earn 10$/h and consultants 80$/h). I don't think there is a way around that.