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That depends on whether you believe it is sub-linear or super-linear. Many people treat the value of money as sub-linear (e.g. better to go from $0 to $50k, th
by ddlatham 10y ago
That depends on whether you believe it is sub-linear or super-linear. Many people treat the value of money as sub-linear (e.g. better to go from $0 to $50k, than to go from $100k to $150k). If that's the case, then the riskier, lottery style model would not be rational if money is the only value in working for a startup.
However, most startup employees I know make the choice for more than just the direct monetary rewards. There's the culture, the potential influence and impact, and several other potential reasons.
- Retric 10y agoThe idea is once your making ~80k extra money does not make a big difference assuming your single. Until you hit an extra ~2,000k which let's you stop working. I take the opposite approach where a low stress 40 hour a week job can be pleasant. I have a minimal commute and spend less than 1/3 of my waking life at work or getting there. Further I mostly enjoy my time there. I did the high pay high stress job and it's just not worth it, but taking a year off showed that's not so interesting either. Live to be 70 and a 40 hour week to a normal retirement is ~19% of your time. As long as it's not bad there are just other thing to focus on.
- ux-app 10y ago> is ~19% of your time. Let's not count the 8 hours you sleep. That gives us 8 hours out of 16 spent working. Also your employer isn't paying you for your commute let's count that at 1 hour per day this comes out to 9 hours /16 @ 5 days per week 45 hours out of 112 waking hours in a week spent working (and commuting). That's if you're lucky enough to work at a place that allows you to leave after "only" 8 hours worked without raising eyebrows. That's 40% of your premium waking hours devoted to earning those precious clams. Let's not kid ourselves. Your employer gets the best hours of the day and the best years of your life. Work sucks.
- deleted 10y ago[deleted]
- brianwawok 10y agoHah but what is the flip side? You can give no hours to work and be stuck in a park bench. You get more prime hours, but is your quality of life better?
- toomuchtodo 10y agoA good used sail boat is about $60k. You can live very well on it for about $15k/year. That's not a park bench; that's freedom, which is priceless.
- brianwawok 10y agoNot sure my dogs would like that.
- toomuchtodo 10y agoLiveaboards have dogs onboard without much issue, unless they're frequently transiting other countries and having to clear customs (ie your pet needs to be quarantined for 30 days).