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There's gotta be a good way to do the risk calculation. Take the the drop in salary most people take to join a startup subtract the payoff from a startups' exit
by pj_mukh 10y ago
There's gotta be a good way to do the risk calculation. Take the the drop in salary most people take to join a startup subtract the payoff from a startups' exit event (usually more than big co's) multiply by the risk of a payoff while controlling for the stage you join (a 30 person company is much less likely to fail than a 5 person company etc.)
- robhunter 10y agoDepending on the role, I also think considering velocity of career progression is important, depending on the individual and the role - moving from an entry-level role to a leadership role can happen a lot quicker at many startups than it can at big co, and it can have real financial implications even if the startup isn't successful.