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People who join startups hoping to make a pile of money with their shares are fooling themselves. For every Google or Facebook, there are ten thousand startups
by bpm140 16y ago
People who join startups hoping to make a pile of money with their shares are fooling themselves. For every Google or Facebook, there are ten thousand startups nobody remembers.
I'm always direct with my startup hires:
"You are unlikely to get rich with these shares. You are unlikely to even make up the difference between what you would earn working at a large company.
If you want to be able to make a difference and learn a lot, have a lot of responsibility early on an potentially learn how to run your own startup, then this job (and corresponding lower salary) will be worth it."
- mmt 16y agoYou are unlikely to even make up the difference between what you would earn working at a large company Do you find that this filters out a certain kind of candidate, perhaps the more generally experienced, or even, specifically, experienced with startups? How is that working out for you? (Only a hint of snarkiness intended. I'm actually curious what the results of the filter have been)