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So very first sentence of Myth #1:

'Employees in a startup have a chance to make money when the company exits, i.e., gets acquired or goes public'

This attitude that a purchase or IPO is the only possible way for a startup to earn money for its employees would be laughable anywhere outside computerland.




Good point. Cash flow is king. I was trying to keep it simple. The fact that nowadays it's easier than ever to build a profitable small company in high-tech is another reason to go to startups.




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