Startups are an act of desperation

by Elad Gil

Intermediate · Medium

Original on blog.eladgil.com

Summary

Gil observes that startups demand so much from founders that the strongest ones tend to come from people who feel they must do it. He sorts this drive into kinds such as career ambition, financial need, a product they badly want, and the wish to do something important. He contrasts this with senior big-tech executives who lack the push, and notes that easy money in recent years had weakened desperation in the startup world.

Key points

  • Early startup momentum depends on founders pushing every day and carrying heavy personal responsibility.
  • Founding a company can accelerate a career by teaching management, new skills, and building a network.
  • A successful exit can compress decades of salary into a few years, although failure rates are high.
  • Some founders are driven by a product they badly want or a mission they believe in.
  • Senior executives at large tech companies rarely start companies because they lack any real need to.
  • Easy money and early secondary sales reduced founder desperation, which a changing market is now bringing back.

Why practice this

Gil writes in a brisk, list-driven style with numbered categories, quick examples from well-known companies, and a frank, informal tone. Retyping him teaches plain structured argument, short explanatory paragraphs, and how to make a single framing idea carry a whole essay.

Practice an excerpt

These excerpts are short quotations for practice and commentary. All rights stay with the author; read the whole essay at the original source.

0%

Startups are hard. For the first few years of a company, forward momentum is largely due to founders pushing every day. The weight of the company rests on their shoulders - including the financial well being and success of everyone they hired and the promises they made to their customers and investors.
One of the reasons you rarely see a MAMAA (Meta, Alphabet, Microsoft, Apple, Amazon) VP or above start a company is the lack of desperation. They have already “made it” career wise and financially, and there is less of a need to take risk.

About this essay

Elad Gil argues that the best startups usually come from founders driven by some form of career, financial, product, or mission desperation.

“Startups are an act of desperation” was written by Elad Gil. Read the original at blog.eladgil.com. Copywork shows a summary and short excerpts for practice and commentary; all rights stay with the author.

Related essays