Ask HN: Would you start a startup if the upside was limited?

Re:Ask HN: Would you start a startup if the upside was limited? by gexla on Thursday November 14, 2013 @01:29AM (#6730927)

Start-up founders don't get rich from salary, they get rich from owning the company (shares.)

Here is a list of people who have employed themselves for one dollar.

http://en.wikipedia.org/wiki/One-dollar_salary

I'm guessing that people like Warren Buffet and Mark Zuckerberg spend surprisingly little money for their day to day living expenses. You don't see these guys driving around super cars, sporting a lot of bling, rolling with an entourage and building the largest mansions they can afford.

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Re:Ask HN: Would you start a startup if the upside was limited? by adamzerner on Thursday November 14, 2013 @01:33AM (#6730941)

I'm trying to ask something along the lines of "if the upside was capped at $500k/year". So you could consider that equity, salary, perks etc.

I'm trying to ask whether or not that type of moderate upside would be enough for most people to start startups.

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Re:Ask HN: Would you start a startup if the upside was limited? by zsstor on Thursday November 14, 2013 @01:34AM (#6730947)

Exactly. Given this system, there might actually be more incentive to create startups, as earning potential from a traditional job is limited.

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Re:Ask HN: Would you start a startup if the upside was limited? by adamzerner on Thursday November 14, 2013 @01:36AM (#6730954)

Really? How many traditional jobs make over $500k/year?

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