Working at Big Tech Companies Can Be a Trap - Michael Seibel

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Michael Seibel on why working at some big tech companies can prevent you from starting your own company.

Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.

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Casually states how he started Twitch. Nice

spinLOL

I feel this could be the start to a dedicated series of short videos - each on dealing with one particular startup misconception/fallacy. Would be cool!

johannesseikowsky

Thank you Michael "I started a company that later became Twitch" Seibel for the tips :)

hiringcafe

Thanks for the reminder, Michael. Look forward to seeing you soon!

ncsdahmed

Very conscious and clear. Thank You Michael!

Lucax

Amazingly good advice Michael, thanks for that! Exactly my experience... My only regret is not having left that big company before!

dcaravana

So people yearn for pay and company culture like Google and Facebook. High pay. Great benefits. Talented coworkers. Etc. now it’s a handcuff? Unbelievable.

Decembersown

Michael Seibel, your words are 100% true.

krishnapriyavinodhkumar

Exactly what I need to know. I will work for start at a small business and then start my own.

josephjones

Thank you so much for the advice Michael!

DesignLead

The risks that were basically the same before joining a tech giant becomes 100 times bigger because with a high paying, comfortable and secure job you've got everything to lose but before joining there was nothing to lose to begin with.

solothebest

While working for a big company can be a trap, so can taking investor money and launching a company. Which he cleverly doesn't mention. Many startup founders are unfairly pressured and exploited by the VC's that fund them, and their employees are often severely overworked, which they get away with by promises of "but you'll be a millionaire and hit it big when we IPO". Be wary of both paths.

luthiengs

On the other hand, starting a startup or working at a startup is a long slog that is not likely to be financially rewarding (if you make any money at all), going by the numbers. You have to be a little crazy, a bit wealthy or at least very financially independent, and deeply invested in whatever you're working towards. I do agree you will probably learn a life-changing amount of things running startup. However, if money is what you're after, a big FAANG company is the most sure bet if you can get hired... much higher floor / much lower ceiling than a startup.

sitiesito

So helpful. Thank you for these insights.

jinettew.

These videos get better and better. Great insights! I feel more confident now in my lack of industry experience, as I've often felt that might have at least given the perception that I wasn't qualified, despite learning a lot on my own doing my own thing.

azizaismail