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Yeah, this is quite true. Even if it doesn't seem like it, the fact that programmers have a relatively stable job and stable income -- worrying about getting th
by yladiz 10y ago
Yeah, this is quite true. Even if it doesn't seem like it, the fact that programmers have a relatively stable job and stable income -- worrying about getting the right about of pay vs equity is much different than worrying, "Will I get paid?" -- it show some lack of self awareness to even complain about these kinds of topics. Yes, you might have a difficult time making ends meet in SF with a $100k job in a nice apartment, but you can always move to a city that doesn't have obscene rent and living costs and live more comfortably, and most likely be able to afford the associated moving costs, something many, many people can't even begin to think about.
Barring those comments, I think this article is actually good advice for software developers who don't know that much about how this works and what to ask, and could be burned in the end. Many people don't think about the specifics and if they have less than scrupulous founders, if they're not careful they can be in for a lot of trouble. I actually wish this would touch on the more psychological aspects of this topic, because you might want to understand these things, but might be worried about pressing buttons when applying them, and shouldn't be. For example, when you initially interview, don't be afraid to negotiate and definitely don't be afraid to leave if the terms aren't to your liking. If the company is profitable or is "awesome and will be worth tons of money, we promise!" they should put their money where their mouth is and compensate well, not just with equity. If you're not getting paid what you should be, or not getting the equity you think you should be getting, talk to the founders or whomever you can, and don't be afraid to leave if the situation is toxic or isn't acceptable (of course, this is mostly startup advice; when at a larger company you might get some say in the compensation package, but it's likely mostly up to bureaucratic processes unless you're being hired way up like VP/P/C level). It's not necessarily true that they need you more than need them, what's probably more truthful is that neither party needs the other.