Just curious what people do once they're at a stage in life (eg kids) where taking a paycut isn't very doable? Do they simply bow out of the startup world? I wonder if people at that stage have the experience to execute startups very effectively, i wonder if there's a structural weakness in how startups are financed that with a bit more capital (and there should be plenty of that sloshing around with governments printing like crazy) they could execute far better. I dont have fully formed thoughts on this of course :)
Yes, unfortunately, that seems to be the case. I've had some startup colleagues who were married with young kids, but it was rare, and often the case that their partner had a stable well-paying job. The risk simply becomes too much of a burden at a certain point in life, for most people.
The other alternative? Be rich/have a huge nest egg, or get to seed round type funding stage super early - aka actually know how to execute on a startup.
Most sane people just don’t do startups though if they are in that position.
