Start-up guarantees 1: Stress 2: Long shitty hours 3: interpersonal conflict 4: Amazing learning opportunities 5: Tremendously accelerated personal growth 6: A sense that your work actually matters
the last 3 can be attained in non-startups and minus the first 3. I.e. startups generally aren't worth it for software engineers. they ARE worth it for non-eng founders who can offload the stress to the software engineers (as this guy did). moral of the story: software engineers *will* be exploited in startups.
im a chemist and I graduated 5 months ago, I work at a startup , it was basically this or working for a lower wage as a lab technician, it has its benefits but its definitely not for everyone, if you cant tolerate uncertainty, chaos and ambiguity its not for you. If you consider yourself a nonconformist or independent person you should try it, specially if you just graduated, you will learn a lot about "real life" stuff. I have a somewhat flexible working hours, decent pay and benefits, and Im learning a lot of how a business runs, also I have direct communication with investors and I feel like my ideas truly matter, I feel like im part of mythbusters lol. Everyday I do different tasks so I never get bored
I started in the corporate world. Work life balance but my skills stagnated massively. Now in a startup. It’s like I’m in the hyperbolic time chamber unlocking new super saiyan transformations. I am hustling 10 hour days tho
Oh man that bit about "You will get access to jobs you're completely unqualified for" SO TRUE hahaha. Been doing it for the past 5 years and it's been awful and great.
Why do you need to go through YC or another incubator for a fourth time? Haven’t you learnt the skills/tricks the first few times and thus giving away the equity is wasted? Or is the value add of YC simply that great?
@@pedroblas5739 but for the fourth time. Just say u make a billion dollar company. Are they $70m awesome? Considering you have already learnt from YC the skills, network, contacts, confidence, reputation., I don’t know man but I’d lean no!
If your equity is getting diluted that's a GOOD thing... It means you're getting financing. When it sucks is if the valuation goes down and you're still getting diluted.
If you take away all the banter about camaraderie... you’re left with some points minus any sort of elaboration. This was more of a chit-chat session without any facts that supports his pros and cons list. He’s a terrible speaker lol
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Start-up guarantees
1: Stress
2: Long shitty hours
3: interpersonal conflict
4: Amazing learning opportunities
5: Tremendously accelerated personal growth
6: A sense that your work actually matters
I haven’t experienced points 4, 5 or 6 myself yet...
@@ainsleyharriott2209 same here
@@ainsleyharriott2209 haha same.
the last 3 can be attained in non-startups and minus the first 3. I.e. startups generally aren't worth it for software engineers. they ARE worth it for non-eng founders who can offload the stress to the software engineers (as this guy did). moral of the story: software engineers *will* be exploited in startups.
@@elcapitan6126 totally disagree.
Loved the comment about Y-intercept. “ It not where your Y-intercept is that matters, it’s your slope of learning .” profound
My y-intercept started at -2 but my slope is m = 20
@@Startupsandsushi that’s great lol. I love watching videos like these
Lmao, that's jokes. My y-intercept is -1,000, time to find out if my m is good enough to to change my fate.
im a chemist and I graduated 5 months ago, I work at a startup , it was basically this or working for a lower wage as a lab technician, it has its benefits but its definitely not for everyone, if you cant tolerate uncertainty, chaos and ambiguity its not for you. If you consider yourself a nonconformist or independent person you should try it, specially if you just graduated, you will learn a lot about "real life" stuff. I have a somewhat flexible working hours, decent pay and benefits, and Im learning a lot of how a business runs, also I have direct communication with investors and I feel like my ideas truly matter, I feel like im part of mythbusters lol. Everyday I do different tasks so I never get bored
I agree. If you can learn how to navigate in the thunderstorms aka. startups then it's a wonderful mess.
what startup was this?
I started in the corporate world. Work life balance but my skills stagnated massively. Now in a startup. It’s like I’m in the hyperbolic time chamber unlocking new super saiyan transformations. I am hustling 10 hour days tho
Has anyone heard of a startup that hasn't ripped off their employees equity in the last decade?
1. managment suck
2. not get rich
1. get job that ure not qualified
2. can build startup
3. Maximize speed of learning
4.
Oh man that bit about "You will get access to jobs you're completely unqualified for" SO TRUE hahaha. Been doing it for the past 5 years and it's been awful and great.
'access to jobs you are completely unqualified for'. You can do that with government.
He is an awesome speaker...very funny, yet informational.
Why do you need to go through YC or another incubator for a fourth time? Haven’t you learnt the skills/tricks the first few times and thus giving away the equity is wasted? Or is the value add of YC simply that great?
YC is awesome
@@pedroblas5739 but for the fourth time. Just say u make a billion dollar company. Are they $70m awesome? Considering you have already learnt from YC the skills, network, contacts, confidence, reputation., I don’t know man but I’d lean no!
Justin - you are a G - Big ups bruh
Best talk ever!
Um half the pay for equity that gets diluted 5 times or never gets given, no thanks
equity from companies that worths nothing most of times
If your equity is getting diluted that's a GOOD thing... It means you're getting financing. When it sucks is if the valuation goes down and you're still getting diluted.
It's better to eat a small piece out of big cake rather than a big piece out of a small cake.
What is a good startup salary?
For what
Justin is amazing
3:25 that didn't age well
awesome sharing !!!
thanks
If you listened to this talk without watching, you would think it's Barack Obama speaking.
Ehh. Slightly higher pitch on this guy.
Not even slightly close
If you take away all the banter about camaraderie... you’re left with some points minus any sort of elaboration. This was more of a chit-chat session without any facts that supports his pros and cons list. He’s a terrible speaker lol