Working on Wall Street can make more sense than raising millions with a Startup

Sick of your techie startup friends getting all the glory? Show your banking pride and represent...this article was also sent to Hacker News, and you know they'll be commenting:

http://bit.ly/ofjrE3

....excerpt: It's all over the news these days: "VC invests $1.5 Million in [insert one-syllable nonsensical word here], founded by [3 guys in a garage]". It seems like a lot of money to play with and the opportunity of a lifetime, but (if you have a job) the salary you’re making might end up being more lucrative.

8 Comments
 
Best Response

I'm glad someone finally came out and said it - not everyone should leave their job to found some dumb internet startup. I'm a huge proponent of entrepreneurship, but not everyone's cut out for it, and a lot of people found "companies" (quotes deliberate) without any consideration of a business model.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 
kmzzyou link doesnt work

and it's not about raising money; it's about when you sell your company/IPO

"When you sell your company" grossly overstates both the likelihood that happens as well as the simplicity of reaching such a milestone.

If the site's down, here's a google cache link: http://webcache.googleusercontent.com/search?q=cache:http://wmilesn.com…

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

Lol

"Working on Wall Street can make more sense than raising millions with a Startup"

Do people not already know this? Isn't that one of the biggest parts about entrepreneurship? Risk?

If your dreams don't scare you, then they are not big enough. "There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.
 

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