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This is the kind of advice that is probably right, but when wrong is very wrong. For example, I’d guess the risk-adjusted return is better at a Series B compan
by austenallred 8y ago
This is the kind of advice that is probably right, but when wrong is very wrong.
For example, I’d guess the risk-adjusted return is better at a Series B company with product market fit, however you still have to be able to pick well.
But knowing a dozen people who made enough money to retire from joining early-ish at a company that had done a lot of the hard stuff I’ve gotta say it’s certainly not always true.
- seibelj 8y agoA large, 200+ employee private company is what 20 years ago would have been a public company before all the internet bubble shenanigans stopped that. If it has revenues and a proven business model, it’s definitely less risky than a small startup. I’m specifically talking about seed stage startups, where the risk vs. reward for normal employees is not favorable. Best to join these companies for experience over dreams of money.