3 ms·
Well if you're getting paid a salary, it's not the case that it's riskier for you. You get to enjoy some of the benefits of a startup (culture, equity, etc) wit
by csmajorfive 19y ago
Well if you're getting paid a salary, it's not the case that it's riskier for you. You get to enjoy some of the benefits of a startup (culture, equity, etc) without having to go through the period where you're living on credit card debt and ramen.
- bobp 19y agoIt's risky in the sense that the chance of a meaningful payoff is much smaller. I don't mind living on ramen for a while if it made the "dream" tangible. If the difference between a founder and an employee were, say, 5x to 10x the equity, being an employee may make sense, but if it's 100x-400x range it just makes the employee stock options look pathetic.
- marketer 19y agoThat's true, but culture, equity, are not tangible. The hours and the effort are very tangible. Startup employees put in a lot of effort, in some cases as much as the founders, depending on the culture. There are few circimstances where you'd want to put in such an effort for a negligible expected reward.