In general means being a founder or working for a startup will become this watered down term for a money losing profession.

In the 10s, a startup was a specific kind of business that used cloud computing and has zero marginal cost for the next unit of production.

Today, people are calling themselves founders of startups but the marginal cost of a unit once you including labor is higher than revenue. Many aren't paying themselves, so its just nepotism investment, founders living off family cash, for an app or a thing that has no chance of becoming viable. How's that not capital destructive?

founding or working on an early stage startup has always been -EV. If you're in it for the money, you're simply making a bad decision. It's closer to being an actor or musician than anything else

++ to this. Grinding out 80 hour weeks at Goldman is a much better path to wealth than grinding out 80 hour weeks on a startup (or at any big company for that matter)

If you aren't in this game because you love it then you should switch games