4 ms·

Very good point on market rate, one thing I've struggled with is getting accurate salary info for early stage startups, it's pretty easy to find rates for the F

Very good point on market rate, one thing I've struggled with is getting accurate salary info for early stage startups, it's pretty easy to find rates for the FAANG companies which are noticeably higher than the rest of the market. Have you any resources you would recommend I look at?

pryelluw 8y ago
I have plenty of experience in the startup world. Here is my take around salaries: - You will be pressured into taking less. That's normal founder hustle. - A founder is the one taking the risk, not you. Thats why stocks are worthless to you. Dont drink the "we are in this together" bs. You are not. If you were, then youd be a co-founder. - You wont find startup salary data. However, it is typically less than an established company. Why? because they cant afford it. Startups have runway, which is how much money they have to try and make it (survive). In contrast, an established company has a budget, which is how much money they have for a period of time (they dont need to survive). - Always ask market rate based on an average of published data. My take is you should be closer to $120k in SF (if not more). - The fact that you are being underpaid just shows how skewed your sense of fairness currently is. They didn't care about fairness when your offer came through. They only cared about how much they can afford to pay you to avoid losing you. You are the one who decided what was fair. You alone. Thats why you have the power to decide it is not fair anymore and move on. - Start shopping around this very moment. Dont think options are scarce. This is a developers market. - You manage two people and have a masters. Dude! You are a technical lead. Open your eyes! Technical leads make more than a regular developer (senior or not). It also makes youna senior dev ...

4 ms·

Very good point on market rate, one thing I've struggled with is getting accurate salary info for early stage startups, it's pretty easy to find rates for the F

by RightBack 8y ago

pryelluw 8y ago
I have plenty of experience in the startup world. Here is my take around salaries: - You will be pressured into taking less. That's normal founder hustle. - A founder is the one taking the risk, not you. Thats why stocks are worthless to you. Dont drink the "we are in this together" bs. You are not. If you were, then youd be a co-founder. - You wont find startup salary data. However, it is typically less than an established company. Why? because they cant afford it. Startups have runway, which is how much money they have to try and make it (survive). In contrast, an established company has a budget, which is how much money they have for a period of time (they dont need to survive). - Always ask market rate based on an average of published data. My take is you should be closer to $120k in SF (if not more). - The fact that you are being underpaid just shows how skewed your sense of fairness currently is. They didn't care about fairness when your offer came through. They only cared about how much they can afford to pay you to avoid losing you. You are the one who decided what was fair. You alone. Thats why you have the power to decide it is not fair anymore and move on. - Start shopping around this very moment. Dont think options are scarce. This is a developers market. - You manage two people and have a masters. Dude! You are a technical lead. Open your eyes! Technical leads make more than a regular developer (senior or not). It also makes youna senior dev ...