I was in Silicon Valley this week and traffic was snarled, yes way worse than normal. Why? Obama was in town and he was going out to visit Sergey Brin at Google. If that isn't startup to money, power and influence - I don't know what is. That dorm room, garage, basement to president inconveniencing tens of thousands of commuters to see you is perhaps the classic startup fairy tale. The reality is most startup artists don't make a dime and honestly, hard work is better rewarded working at the big companies.
Here's an example. Coca-Cola has announced a $1.8 billion bonus pool for 2014 for 5,600 execs and managers. Average that and you get a whopping $321,428.57 average per employee.
So let me see - big, safe, stable company with all the benefits and perks. A big salary and a potential $321k bonus in it (per year). What sucker am I to be doing startup after startup? A good friend of mine who's been in the VC game for many decades puts it plain as day. "You have to be crazy to do a startup."
He's right. Lots of time, risk and effort into something that barely yields a unicorn (Waze valuation kind of sale). I love the challenge of startups but after a couple decades of the battle --- hmmmm...