Being an early employee at a startup is almost always a terrible decision financially. Great if you: - Want to start your own company - Want to learn a lot and grow ...That’s about it.
Show this thread
-
You're conflating a choice being likely to fail and being a bad decision. The former is not the latter if the expected value is high enough and you can bear the risk.
Plus new hires can sometimes do way better than random (in fact better than most investors) at predicting startup outcomes. If you knew Drew and Arash at MIT and need and can judge what they're building, huge amounts of uncertainty are eliminated.
