Comment on A Day Job Is So Much Easier Than EntrepreneurshipparentComments−runako2yThis is definitely not true in the US.https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-a...https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai...https://www.npr.org/2022/04/05/1091077398/checkout-startup-f...etc.−jstanley2ySure, you can get fired. But that just means you're not earning any more. You're not losing the money you already had, like the investors did.−Paul-Craft2yJust to continue the analogy, an employee's monetary down side is limited to the amount of their investment, which is $0, modulo ESPPs and such. Investors can be leveraged and end up losing a multiple > 1 of their initial investment.
Comments
This is definitely not true in the US.
https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-a...
https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai...
https://www.npr.org/2022/04/05/1091077398/checkout-startup-f...
etc.
Sure, you can get fired. But that just means you're not earning any more. You're not losing the money you already had, like the investors did.
Just to continue the analogy, an employee's monetary down side is limited to the amount of their investment, which is $0, modulo ESPPs and such. Investors can be leveraged and end up losing a multiple > 1 of their initial investment.