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Who Wants To Start An Important Startup?

I work for a start-up, and I've worked for a number of them over the years. While it's been some of the best and most fulfilling work I've done, there are several things you need to consider.

1) Real start-ups (as opposed to ordinary new businesses) are a strange kind of betting game. They are long-shots that pay off extremely well if they hit, such that investors can afford to fund a hundred of them to get five that survive and one that hits big. This is a very different economic landscape from the one that your average job exists in, and many of your hard... (read more)