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> unless you have a significant chunk of equity Actually the better bet is to avoid equity as a replacement for a higher salary. Less risk, (lost value, taxes
by VeilEm 11y ago
> unless you have a significant chunk of equity
Actually the better bet is to avoid equity as a replacement for a higher salary. Less risk, (lost value, taxes on negative value), and unless your company goes Google huge and you came in early it's not likely to be life changing.
- acdha 11y agoAgreed. I was defining “significant” as founder/early investor level. Many developers self-identify at those levels but tend to be compensated at close to a wash when you compare the risk to higher compensation at a big corporate job. That's not saying that there aren't many other reasons to prefer working at a startup but simply that you don't want fantasies about getting rich distorting the comparison.