Paul Graham, the renowned entrepreneur and co-founder of Y Combinator, has voiced his opinion on why it’s more beneficial to work for a startup than a large corporation, even if the startup doesn’t succeed.
What Happened: Graham recently shared his thoughts on the matter on X. He believes that the connections made while working at a startup can lead to future success, even if the startup fails. “In ten years they’ll be running everything,” Graham wrote, referring to startup employees.
He acknowledged that working for big companies might be perceived as “safer,” but the potential for future success through startup connections is worth the risk. Graham’s advice has sparked a debate, particularly regarding the tradeoffs between high salaries at big tech companies and potentially lucrative stock options at startups.
Despite the potential for mental health issues and a lack of work-life balance at startups, Graham’s advice has resonated with many. Users on X, where Graham often shares career advice, have expressed their support for his views, according to a Business Insider report.
Why It Matters: Graham’s advice comes at a time when the tech industry is experiencing significant changes. His stance on the benefits of working for a startup aligns with the shifting attitudes toward work and career paths. This advice also complements recent industry insights, such as Amazon CEO Andy Jassy‘s identification of the most crucial skill for success, indicating a growing emphasis on entrepreneurial thinking and adaptability in the workplace.
Additionally, Graham’s advice may resonate with recent graduates, as Steve Jobs‘ ex-intern shared an investment tip with new graduates, emphasizing the value of taking risks and pursuing unconventional paths.
This advice also aligns with Elon Musk‘s recent reflections on the craftsmanship and dedication required for success, highlighting the importance of perseverance and adaptability in the tech industry.
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This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
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