It's too risky! The average founder does well, but the median founder flounders. Which is partially (among other reasons) why so many people take exec jobs or want to be VCs: Exec jobs will be there. Your startup might not. VCs have a portfolio, and founders don't.
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We also should decrease cultural friction to starting companies: - celebrate starting cos as a thing for ambitious ppl to do globally - see startup failures on resumes as badges of honor instead of blemishes - create communities to find co-founders & founder support(
@beondeck)Prikaži ovu nit -
Would love to hear thoughts & feedback. h/t
@BurakYngn and@david__booth for conversations on the topic.Prikaži ovu nit
Kraj razgovora
Novi razgovor -
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I think if you are in Southern Africa you can relate It's tough tough. BUT I have just said we will bootstrap till our customers validate us
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- belief that all in mentality is the way to go works 18-30 (typically before one starts family, better home aka before providing basic needs is key) At that point having financial security critical : Founder pooling, EIR jobs, founder to be invovled more than 1 co, consulting..
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Fundamentally disagree w/ assumption that high valuations imply scarcity of founders (or anything). Rather, they imply greater interest from public (or those w/ money) in field. I.e. greater value of sector called tech. Agree w/ rest on how to unlock more founders/cos
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Biggest bottleneck to starting a company is government - licensing, zoning, regs protecting entrenched interests.
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