Letter To A Young Programmer Considering A Startup

Words of caution from the former CTO of Twitter. The startup life isn’t rebellious—it’s the new corporate ladder:

“The machine doesn’t care about you. In fact, the machine is designed with the understanding that most startups will fail, or at most offer unremarkable returns to investors. The majority of the companies in many VC portfolios are acknowledged duds. One or two ’10x’ companies prop up most portfolios. At best, startup founders who fail get another pull of the slot machine. At worst, their failures drive them to desperation.”

Author: Alex Payne
Source: al3x.net
Published: May 30, 2013
Length: 8 minutes (2,209 words)