• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
SuccessGen Z

Former Twitch CEO’s words of warning to Gen Z interns: Prestigious jobs on paper are ‘mostly a trap’ and money is a ‘constraint’

Preston Fore
By
Preston Fore
Preston Fore
Success Reporter
Down Arrow Button Icon
Preston Fore
By
Preston Fore
Preston Fore
Success Reporter
Down Arrow Button Icon
March 10, 2025, 12:25 PM ET
Emmett Shear wears a grey hoodie and speaks onstage to an event.
Emmett Shear warns interns that starting a business will bring "economy-sized" pain, but joining the workforce is full of traps.Steve Jennings/Getty Images for TechCrunch
Add Fortune on Google for similar content.
  • Interns should be wary: The world of tech is often too good to be true, says Emmett Shear, former Twitch CEO. “Obviously you want money. But money is well-known for diminishing returns, after you have enough for rent and food and so on. So you don’t want to optimize for cash, it’s more of a constraint,” he says.

When Emmett Shear was CEO of Twitch—the video game live-streaming service he helped cofound—he always took time to speak to the latest batch of interns. One of the most common questions asked was whether they should get a job or become entrepreneurs.

“If you love economy-sized pain and feel like you have no other option, consider starting something. But don’t say I didn’t warn you about the suck,” Shear wrote in an X thread over the weekend.

His advice, while brutally honest, is grounded in his decade-long experience transforming an idea for a 24/7 live reality television show into a multibillion-dollar gaming platform. Shear adds that ultimately, weighing the importance of making a six-figure salary or climbing the ladder at a Fortune 500 company will help you truly “know thyself” and make the right career move, like entering the workforce or starting a business.

“But in general it seems clear people should satisfice for cash, optimize for learning/growth, and ignore everything else. If you love knife-fight competition, get a tracked job,” he added.

Gen Zers be warned: Navigating a career path is full of traps

A high salary is a priority for many aspiring tech workers. According to Dice, the average tech salary is just over $112,500. However, Shear said focusing solely on money is a mistake since more isn’t always better.

“Obviously you want money. But money is well-known for diminishing returns, after you have enough for rent and food and so on. So you don’t want to optimize for cash, it’s more of a constraint,” he wrote. 

Similarly, worrying about prestige is a waste of time, Shear said. It’s no good getting a job at a company with immense name recognition if you’re just grabbing coffee for bigwigs—rather than working for a smaller firm where you’re actually gaining real skills.

“Prestige is mostly a trap, for the same reason designer clothing brands are bad deals: brand might make some less discerning people think better of you, but it won’t actually make you better or better off,” he adds.

Companies often try to trick employees with offers to wield power for good—or the chance to make an impact or a difference in the world. And while it’s natural to desire power, in reality, the ability to actually create change is rare from the bottom ranks.

“If they’re pitching you on power it’s usually a trick of some kind,” Shear warned. “They’re trying to convince you to accept less compensation in other ways by offering a mirage. Don’t be fooled!”

Work itself can provide growth opportunities for your career and character, but he warns that job tracks can oftentimes be too good to be true. 

“For a certain kind of person who likes competition with their peers more than anything else, who loves grinding to get ahead, I think [career tracks] can be great. For most people, I think tracks are also traps,” he adds.

From a post-grad college dream to a billion-dollar company

Emmett Shear first worked with friends he mostly made at Yale University, Justin Kan, Michael Seibel, and Kyle Vogt, to create Justin.TV—a startup focused on live-broadcasting Justin’s life. However, after expanding to other categories, gaming grew rapidly, and Twitch was spun out in 2011.

Just three years later, Amazon acquired Twitch for about $1 billion. Shear stayed on at the company until early 2023.

Read more from Fortune

  • This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now, they run a U.K. soccer team
  • Trump’s 25% tariffs are backfiring and threatening Gen Z’s trade career aspirations—putting car manufacturing jobs in peril
  • Gen Z women are being sold a risky dream: the realities behind ‘investing’ in designer bags like the Hermès Birkin
  • Like Tim Cook and Gen Z, AEG’s top exec eats the same lunch most days and wears the same outfit
  • Warren Buffett reveals the unique education strategy he took in school—and eventually paid off with a $170 billion fortune
  •  

    “For internet companies, growth is more important than profit. It’s very rare for a company to achieve massive scale of use, and then die because they can’t figure out the economics. The reverse is common,” Shear wrote in 2021 as part of Twitch’s 10-year anniversary. 

    While Shear’s advice for interns and aspiring business leaders could be humbling for some, he recognizes that those who are the most motivated will come out successful on the other side.

    “Don’t start a company. You aren’t cut out for it. And if I can persuade you not to start a company by saying it in this tweet, definitely don’t start a company. You’re buying the economy-sized amount of effort and pain,” Shear concluded.

    The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
    About the Author
    Preston Fore
    By Preston ForeSuccess Reporter
    LinkedIn iconTwitter icon

    Preston Fore is a reporter on Fortune's Success team.

    See full bioRight Arrow Button Icon
    Add Fortune on Google for similar content.

    Latest in Success

    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025

    Most Popular

    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Finance
    Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
    By Fortune Editors
    October 20, 2025
    Fortune Secondary Logo
    Rankings
    • 100 Best Companies
    • Fortune 500
    • Global 500
    • Fortune 500 Europe
    • Most Powerful Women
    • World's Most Admired Companies
    • See All Rankings
    • Lists Calendar
    Sections
    • Finance
    • Fortune Crypto
    • Features
    • Leadership
    • Health
    • Commentary
    • Success
    • Retail
    • Mpw
    • Tech
    • Lifestyle
    • CEO Initiative
    • Asia
    • Politics
    • Conferences
    • Europe
    • Newsletters
    • Personal Finance
    • Environment
    • Magazine
    • Education
    Customer Support
    • Frequently Asked Questions
    • Customer Service Portal
    • Privacy Policy
    • Terms Of Use
    • Single Issues For Purchase
    • International Print
    Commercial Services
    • Advertising
    • Fortune Brand Studio
    • Fortune Analytics
    • Fortune Conferences
    • Business Development
    • Group Subscriptions
    About Us
    • About Us
    • Press Center
    • Work At Fortune
    • Terms And Conditions
    • Site Map
    • About Us
    • Press Center
    • Work At Fortune
    • Terms And Conditions
    • Site Map
    • Facebook icon
    • Twitter icon
    • LinkedIn icon
    • Instagram icon
    • Pinterest icon

    Latest in Success

    U.S. Polo Assn. CEO J. Michael Prince
    SuccessThe Promotion Playbook
    U.S. Polo Assn. CEO was told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight
    By Orianna Rosa RoyleJuly 1, 2026
    54 minutes ago
    Nikesh Arora, chief executive officer at Palo Alto Networks
    SuccessJobs
    CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
    By Emma BurleighJuly 1, 2026
    1 hour ago
    I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
    CommentaryCareers
    I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
    By Jeremy FainJuly 1, 2026
    6 hours ago
    mr
    Commentary250 Years of Innovation
    America needs 3.8 million manufacturing workers. This CEO has a blueprint to find them
    By Mark RayfieldJuly 1, 2026
    6 hours ago
    Photo: Rocks balancing on driftwood, sea in background.
    AIMarkets
    Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns
    By Jim EdwardsJuly 1, 2026
    7 hours ago
    Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
    RetailNike
    Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
    By Mia OsmonbekovJune 30, 2026
    19 hours ago

    Most Popular

    MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
    Success
    MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
    By Sydney LakeJune 25, 2026
    6 days ago
    Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
    Success
    Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
    By Preston ForeJune 27, 2026
    4 days ago
    Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
    Success
    Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
    By Sydney LakeJune 29, 2026
    2 days ago
    As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
    Big Tech
    As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
    By Marco Quiroz-GutierrezJuly 1, 2026
    9 hours ago
    The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
    Commentary
    The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
    By Marc AndersenJune 30, 2026
    1 day ago
    The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
    Newsletters
    The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
    By Diane BradyJuly 1, 2026
    7 hours ago

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.