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What should I choose, PhD or startup?

Recently, I was asked by a professor to advice his student, whether to pursue his idea/startup (a chemical product, he invented) or go for a Ph.D. degree in chemistry eng.. The professor chose to ask me, because I both have a PhD degree and multiple startup experience. In my answer I didn't focus so much on the basics (business plan etc.), figuring he already knows most of this, but more on how to choose. Do you like/agree with my answer ? ------ Hello, The pros of a PhD degree: A PhD degree does sometimes give you access and credibility to venture into bigger ideas. However, there is no guarantees. You could choose to finish your PhD degree and enter or found a highfuelled venture later on, such as those founded by www.kpcb.com or www.sequoiacap.com (these are most successfull and well-known ones, there are of course many smaller). Personally, it might give you the aptitude to write bet

Why it failed

Recently, I was asked by a professor to advice his student, whether to pursue his idea/startup (a chemical product, he invented) or go for a Ph.D. degree in chemistry eng.. The professor chose to ask me, because I both have a PhD degree and multiple startup experience. In my answ

Kind
startup
Status
Shut down
Inventor
teralaser
Ended
2009
Source
hackernews
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