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Building AI Powered Financial Advisor | ex-Google

Many people working in tech dream of starting their own companies one day. It's well known that launching a startup is hard, requires enormous effort, and isn’t for everyone. What rarely gets discussed and considered is the financial impact of a decision to become a founder. That creates significant stress and pressure for first-time founders and their families if they start without proper estimates and preparation. A few facts:  ✅ The median time to raise a seed round is 1.5 years, which often means going 1–2 years without income. ✅ 90% of venture-backed companies fail within 2–5 years, resulting in a high likelihood of a weak exit. Consider John, a new L3 engineer at a big tech company with a current net worth of $100K and salary $200K/year. By the time of his early retirement in 2046, if he simply stays at his tech job and grows his career, his projected net worth will be $7.2M. If he starts a VC-backed company in 2030 and fails five years later (which has a 90% probability), his net worth will drop from $7.2M  to $4.6M in 2046. The $2.6M difference in net worth by 2046 represents the financial cost for John of deciding to start a company.

Alex Sukhanov

Building AI Powered Financial Advisor | ex-Google

2mo
Kartikey Sapra

Software Engineer @ Google || Daily Content on Software Engineering & Cracking FAANG || Ex-Hike, Amazon

2mo

Hi Alex, loved the post and the insights

Brian Murphy

Founder / CEO at Kivalia & Pariveda

2mo

Making great progress, Alex! Happy to be collaborating.

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