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Financial compensation is only part of it. Most startups include longer hours and additional responsibilities that limit what else you can do with your life, s
by mattrepl 16y ago
Financial compensation is only part of it. Most startups include longer hours and additional responsibilities that limit what else you can do with your life, such as have a relationship, spend time with friends, or work on a side project.
I'd guess you're at an established startup if you're only making ~$10k/year less than your last job in the defense industry. Pre-Series A startups are unlikely to pay even a third of what you'd make in that industry.
- rdl 16y agoA good eng in defense (at the level needed to be a startup founder) should be making 150 uncleared to 250 secret to 300 ts or project lead or more if deployable. Working 40 hour weeks (well, working 5 hour weeks with 35 hours of meetings, admin, paperwork, and overhead) A pre series a eng is making 30 to 60 if lucky. At series a, maybe 80 to 100. Defense is almost a perpetual job, whereas the half life of a pre series a startup is maybe 3 months, 1 yr for series a. (apologies for formatting, on iPad)
- gwc 16y agoA programmer working defense state-side does not make nearly those figures. 80 to 100 is much closer to what a software engineer with several years of experience makes working for a defense contractor than 250, though of course actual years of experience and how well one has played the corporate ladder game can make a big impact. Past a certain point it is relatively difficult to advance salary-wise without taking on management roles and giving up the hands-dirty side of programming / engineering. Once you're there it's an apples-to-oranges comparison for the kind of startups that are typical for HN-types ~ certainly no early stage startup is going to hire a 10-year manager to be employee #1 when what they really need is a hotshot programmer.
- rdl 16y agoI admit my knowledge of stateside engineers in the large defense contractors is secondhand; trying to convert known deployed salaries and known eng and pm salaries at small product companies selling to usg. Substitute working for a fund on the dev side and double my numbers to make the original argument stronger.
- deleted 16y ago[deleted]