PG has an agenda on this one. Doing a start-up, the job market and my skills are my security. If the work gets scarce the risk profile of doing a start-up gets worse.
If you're looking for security you shouldn't be doing a startup in the first place. It's pretty much the riskiest move you can make as far as your career goes.
That’s binary thinking. Risk level is a spectrum.
Yes but the risk is highly asymmetric. Starting a company is skewed towards danger and not certain reward in both bull and bear market.