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"Putting aside all other variables (changing skill-sets, technology trends, etc.), if you’re financially responsible and even if none of the 15 startups is a un
by joesmo 11y ago
"Putting aside all other variables (changing skill-sets, technology trends, etc.), if you’re financially responsible and even if none of the 15 startups is a unicorn, at least one is bound to have a decent enough exit to pad a good nest-egg."
What? So 1 in 15 startups makes a big enough exit for not only the executives, but run of the mill engineers to have a good retirement? What universe is this guy from? I want to live in that universe!
- phamilton 11y agoNot really retirement, but 200k in equity payout for a senior engineer isn't exactly rare. I'd call 200k a "decent enough exit to pad a good nest-egg". It's not fantastic, it's not going to create a nest-egg, but it will "pad" a good nest-egg.