You do a PhD if you are truly passionate about the work. You do not do a PhD for money, for admiration, for anything else. You do it because you have to know something about something, and you have to know so much about it you discover something no one else knows about it, no matter how small.
There is absolutely no other reason to get a PhD because while there are lots of perks to a PhD - traveling, meeting people who share similar interests, interesting career opportunities, autonomy, collaboration - etc, you can find all of those perks at a different job that isn't so intellectually demanding. The one thing no other job can offer you is proof that you discovered knowledge that is actually new (or whatever way you want to phrase it, there exists no other institution outside of academia that is rigorously structured to ensure you don't get a PhD without doing this at least once).
You can say this is an argument of authority controlling a body of knowledge, I am sure that will be the typical start-up perspective. Unfortunately, a start-up's bottom line is to produce a product. That means that if it comes down to the mark of determining the integrity of some knowledge, or keeping the business running, the start-up is not going to destroy itself for the sanctity of knowledge. Plenty of PhD students, however, do!
You literally will have no life besides your work if you pursue a PhD. There is zero reason to do one unless you have this drive.
There is absolutely no other reason to get a PhD because while there are lots of perks to a PhD - traveling, meeting people who share similar interests, interesting career opportunities, autonomy, collaboration - etc, you can find all of those perks at a different job that isn't so intellectually demanding. The one thing no other job can offer you is proof that you discovered knowledge that is actually new (or whatever way you want to phrase it, there exists no other institution outside of academia that is rigorously structured to ensure you don't get a PhD without doing this at least once).
You can say this is an argument of authority controlling a body of knowledge, I am sure that will be the typical start-up perspective. Unfortunately, a start-up's bottom line is to produce a product. That means that if it comes down to the mark of determining the integrity of some knowledge, or keeping the business running, the start-up is not going to destroy itself for the sanctity of knowledge. Plenty of PhD students, however, do!
You literally will have no life besides your work if you pursue a PhD. There is zero reason to do one unless you have this drive.