Founding a funded startup which doesn’t work out largely does not and should not irreversibly damage the founders’ finances. We should stop implying this is routine and stop valorizing courses of action which increase likelihood of it happening, like not taking salary.
-
Show this thread
-
Replying to @patio11
In today's market you'd be hard pressed to find a startup that couldn't pay it's founders a reasonable salary. That said, founding a failed startup will almost certainly damage the founders finances as their pre-startup job likely paid more.
1 reply 0 retweets 5 likes
Replying to @Molson_Hart @patio11
Not taking a salary still though is a courageous act and should be respected. Venture capitalists shouldn't con young naive founders into this however. It's probably a pyrrhic victory.
7:01 AM - 25 Aug 2019
0 replies
0 retweets
2 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.