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Well, Sam Altman & Andressen have strong opinion on it: join rocket ships. You can also get a much higher position at a well paid job if one of the bets pays o
by conanbatt 7y ago
Well, Sam Altman & Andressen have strong opinion on it: join rocket ships.
You can also get a much higher position at a well paid job if one of the bets pays off, or if you find growth opportunities. While getting a promotion at google might take you 4 years, in a high growth startup you might jump 2 steps in 6 months.
- richardwhiuk 7y agoYou might, or you might go nowhere if the rocket ship falls over, which is much more likely.
- conanbatt 7y agoLike flipping any coin. Gotta match your risk appetite with the value of the gamble.
- wyclif 7y agoBut if the rocket explodes on the launching pad, as an employee you don't absorb much risk. You were probably going to jump ship in 2 years anyway, you're just doing it earlier than you thought and you can now say "I was at ___ when they were growing at ___% year-to-year" when you're interviewing for your next job.
- richardwhiuk 7y agoYou've probably taken 6 months to a year, at a lower salary - possibly longer.
- XMPPwocky 7y agoAren't they in the business of funding rocket ships, though?
- jacques_chester 7y agoLottery winners are true believers too.
- joshuamorton 7y agoTo be a bit cynical, Sam Altman and Anderssen make more money when more people work at startups. If you compare someone who joined Uber in 2014 with someone who joined Facebook or Google in 2014, I'm honestly not sure who would have come out ahead. Probably Uber, but not by a whole lot. And Uber is the best case scenario, practically speaking.