Founders with corporate day jobs consistently abandon startups when obstacles arise
Jessica Livingston · The social radar: Y Combinator’s secret weapon | Jessica Livingston (co-founder of YC, author) · Jun 27, 2024 · at 35:23
Y Combinator co-founder Jessica Livingston discusses founder commitment and why side-project founders fail under pressure.
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“You have to burn the boat because we found that founders who are still getting a paycheck and health insurance Once the going got tough they did not quit their job. And you need that deterrent, like you sort of need that desperation. Like I have to make this startup succeed because that it's my job, you know, not like, oh, I'll just stay at Google. You need that. And we found that founders who weren't leaving their jobs, it was just not working out or like that co-founder would always wind up leaving the company.”
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