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Except that you can pay $1 for a lottery ticket with long odds of a $100M return, here you are paying $70k for a $1M lottery ticket with equally long odds of re
by 20yrs_no_equity 10y ago
Except that you can pay $1 for a lottery ticket with long odds of a $100M return, here you are paying $70k for a $1M lottery ticket with equally long odds of return.
- signa11 10y ago> ... here you are paying $70k for a $1M lottery ticket ... care to elaborate a bit on how you got that ? thanks !
- ryandrake 10y agoIf the difference between what you can make in total compensation at BigCompany and your salary at Startup is $70K, then you're essentially buying a lottery ticket for $70K... PER YEAR.
- 20yrs_no_equity 10y ago...and if your options are for %0.1 of the company, they have to be a unicorn for you to make a million bucks (assuming that $1M is "lottery ticket" paying off.)