It's better to work in venture capital than try to build a startup business.

So venture capital or building a startup? Building a company is damn hard. So hard that you cannot imagine. The chances of you getting venture funding in 2023 are close to zero. In venture capital, you get paid a management fee whatever happens plus a carry of its one of your investable company exits. Its easier, you take risks and most venture capitalists (especially in Europe) dont really have any kind of company-building experience and dont really understand how founders work.

A great example is FTX and sequoia investment in them.

Sequoia Capital marks its FTX investment down to zero dollars

Sequoia Capital has marked down to zero the value of its stake in the cryptocurrency exchange FTX; it did so after FTX CEO Sam Bankman-Fried asked investors for more money.

TechCrunchConnie Loizos

Read Marc Andressen talking about why should not build a company here:

Andreessen: Why You Should Not Do a Startup

The pearls of wisdom from Ning co-founder Marc Andreessen continue to flow. In his latest blog entry (which is starting to look like great book fodder) titled “Why not to do a startup,” he enumerates the many reasons a person with a great idea “should not” do a startup. Andreessen says: -First, and…

WIREDCondé Nast

Venture capital is safe, easy and you dont take any risk whatsoever

You take the investor's management fee, you interview startups, do follow on investments to top-tier VC's and life is good. You don't really need to do that much at the end of the day. Its a great life and its work trying to get into. We highly recommend trying to get into venture capital if you can.

You need to know what you're getting yourself into

Ill be honest. I didnt know what building a startup was all about. Bankers getting paid base and bonus and you think you can go away and build a billion-dollar company, but the risk is simply not worthit. You have to be at the right place and at the right time and have the right backers for you to really win and exit. Its so hard that you cannot really understand.

Building a passive income is different to trying to build a billion dollar company

Building a side business or building a business that creates or makes any kind of revenue, is different to trying to actually build a billion dollar airbnb type company where you need capital to be able to scale

Stay in your job until you can create an income

The best advice we can give you from this is to stay put, sit in your job and not take the risk. You have 0.0001% chance of making it, but hey if your a risk taker even we cannot stop you from trying, and for those of your friends who make it, they wont even remember your name when they do, trust me!