15:33Why You Should or Should Not Work at a Startup by Justin Kan
From Y Combinator · Published Jul 22, 2019 · Watch on YouTube
TL;DR
Justin Kan argues against joining a startup due to typically poor management, low probability of getting rich, and lack of stability; he then argues for joining because it gives access to jobs you are unqualified for, serves as a gateway to founding your own company, and maximizes your speed of learning regardless of the startup’s success or failure.
Key insights
- Most startup management is bad; there are only “rocket ships with bad management” and “other companies with bad management.”
- Early-stage startups rarely provide enough mentorship or direction unless you actively force people to give it.
- Statistically, joining a startup will not make you rich – it is not a reliable path to financial security.
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