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These days, when most of the founders are willing to cash out at an early exit, it doesn't make much sense economically to work in a startup(unless you are part
by bigbang 16y ago
These days, when most of the founders are willing to cash out at an early exit, it doesn't make much sense economically to work in a startup(unless you are part of founding team with good equity). Ofcourse, work at a startup will be definitely more interesting on average (because there is not much legacy code to maintain and processes in place to slow things down), but its not hard to find interesting work in a big co. And the best part is you can work regular hours with relatively better benefits and job security and spend your personal time working on your own ideas. This way it maximizes both the economical and work related satisfaction IMO :)
- robryan 16y agoI think instead of a lower base salary and equity of a startup trying to go big early cashouts really call for higher salaries than big companies to be appealing.
- krschultz 16y agoOr at least equal. If I like the job and it calls for 60 hours a week instead of 50, but it pays the same, I'll gladly do it. The 50 hours of the week that I would have worked either way will be a lot more enjoyable. But asking me to take 1/3 of what I would get paid elsewhere just isn't happening. Any offer that is work for free but take equity is not one I would consider taking as an employee (obviously, cofounder is a different story).