Thursday 16th August 2018

    Climbing the wrong hill - Chris Dixon


    I know a brilliant young kid who graduated from college a year ago and now works at a large investment bank. He has decided he hates Wall Street and wants to work at a tech startup (good!). He recently gave notice to his bosses, who responded by putting on a dog and pony show to convince him to stay. If he stays at the bank, the bosses tell him, he'll get a raise and greater responsibility. Joining the technology industry, he'd be starting from scratch. He is now thinking that he'll stay, despite his convincing declaration that he has no long term ambitions in finance.
    Over the years, I've run into many prospective employees in similar situations. When I ask them a very obvious question: ""What do you want to be doing in 10 years?" The answer is invariably "working at or founding a tech startup" - yet most of them decide to remain on their present path and not join a startup. Then, a few years later, they finally quit their job, but only after having spent years in an industry they didn't enjoy, and that didn't really advance them toward their long term ambitions.

    Continued here