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"Typically founding team means a stake in the company" Which usually ends up being nothing. I've been promised this multiple times in my 20s for working crazy
by lostmymind66 7y ago
"Typically founding team means a stake in the company"
Which usually ends up being nothing. I've been promised this multiple times in my 20s for working crazy hours and no 'life balance'. Even if you get a sliver of a percentage, it will be much less when the company gets future rounds of funding..if it even lasts that long.
- Meph504 7y agoHey, I think we all know the stakes of the game, I went through like 9 companies, before I ever saw a return on my stake. As I've gotten older, the gamble that is this model is less appealing to me, as are the 18 hour days, and zero home life. But that is a young persons game, and can be really fun and exciting, no one is forcing anyone to take, or even apply for the position. At least they are upfront about it.