People say you should work at startups because that's where the interesting work (and money) is. That's backwards!  http://danluu.com/startup-tradeoffs/ 

I suspect I'll never write anything more impactful than this post.

I've had a double digit number of people tell me they made life-changing amounts of money as a result of reading this post. What fraction of people who change jobs because of this post tell me? Probably < 1%?

Naturally, the responses I got to this were (in exonentially. decreasing order of frequency):

1. That's BS. No one makes that much {outside SF|writing code|at all}
2. Duh. Everyone already knows this, why write it up?
3. I agree. Glad word is getting out
4. This changed my life

It's interesting to see that the "low" estimate for a YC demo day valuation here is $8m.

The relative expected value of joining a v. early stage YC startup seems better than in 2015, although that probably doesn't change the equation if you care about P50 or even P90 outcome.


You can follow @danluu.



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