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If you’re joining an early stage venture backed startup and demanding only a salary and no equity, you’ll feel much worse if your startup finds any reasonable l
by undefined3840 7y ago
If you’re joining an early stage venture backed startup and demanding only a salary and no equity, you’ll feel much worse if your startup finds any reasonable level of success because you demanded 20k more a year in salary over something that could be much more than that.
You’re not risking your life savings by joining a venture backed startup as an employee. In the worst case you write off a few thousand dollars you spent exercising some options while making a market rate salary (because you negotiated).
- loeg 7y ago> If you’re joining an early stage venture backed startup and demanding only a salary and no equity, you’ll feel much worse ... because no startup is willing to pay competitive total comp fully in salary. Bigcos mostly aren't either, FWIW, although RSUs of a public company have a lot more liquidity and lower volatility than startup options.