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If you are not able to earn $200,000 a year as a senior developer in the valley working at one of the established companies then you are not really the sort of
by danieltillett 11y ago
If you are not able to earn $200,000 a year as a senior developer in the valley working at one of the established companies then you are not really the sort of person that would be an early hire by a first class startup.
Joining a second rate start up is even a worse idea than working for an established company - you will end up with less pay and worthless options.
Edit. Wow this comment hit a nerve with some people here.
- narrowrail 11y agoI think the problem is most people (even VCs) can't tell the difference between a "first class startup" and a "second rate start up." Your comment has a ring of elitism to it, not to mention a lack of consistency in phrasings that bothers us pedants.
- danieltillett 11y agoThey certainly can tell the difference. The ones they back are first class and the ones they don’t are second rate :P I was more making the point that it is not wise to turn down a good salary with an established company for the tiny level of equity that you will end up with at a startup and if the startup is not perceived by the investor community as being the next unicorn then this equity will be worthless.