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The problem here is that startup employees have a combination of high risk with low expected reward compared to big company employees. It doesn't make sense to
by xiphias2 7y ago
The problem here is that startup employees have a combination of high risk with low expected reward compared to big company employees. It doesn't make sense to be a startup non-founder employee nowdays.
- justapassenger 7y ago> It doesn't make sense to be a startup non-founder employeenowdays. TBH, it never really made sense. There were few lucky shots and tens of thousands of sad stories.
- xiphias2 7y agoYou're right, but it's much better documented now that people can read the stories on the internet, and I'm still not seeing the shift to equal term sheets for employees and investors. Also employees have higer risk than investors, so in theory they should get better terms, they just don't have the negotiating power.