Starting a company is a risk vs reward calculation. If they were getting high salaries it wouldn't be unreasonable to want to minimize your risk by working on a project on the side while getting a bigger saving bank until a certain point. If you get fired the calculation is now whether you want to invest in job search or take the plunge and start the company
If you were that risk averse (that you didn’t act on your entrepreneurial instincts) when times were good, my money is that you’re more likely to double down in searching for safety.
I don’t know that there are any stats on this so in the end it is juts your and my opposing instincts :-)
If you somehow forced someone to sit and practice drawing a hand for eight hours a day, they would get surprisingly far as an artist.
Being a founder isn’t too dissimilar. Determination tends to be decisive.
If you spent eight hours a day trying to make a small group of users love you, you’d get surprisingly far.
I think that’s what they mean about potential founders at Stripe. There’s a lot of potential energy that a layoff might release.