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Never ever take a salary cut when moving from established company to a startup. In fact engineers should also take into account bonus, 401k match that will not
by bankim 11y ago
Never ever take a salary cut when moving from established company to a startup. In fact engineers should also take into account bonus, 401k match that will not be typically offered at a startup.
No wonder most friends I speak to are more attracted to tech unicorns that have higher probability of success than early stage startups and can match or offer higher base salary than established big companies.
- bwah 11y agoThis, exactly. In this bubble, if you are joining a funded startup you should not take a below market salary, period. If the bubble bursts, your equity won't matter anyway. If you are taking a salary cut because you are joining a pre-funded or seed stage company, you better be getting near founder level equity.