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The average investment of $500,000 is way too small IMO. That's less than the salary of one L5 (or L6?) engineer at Google.
by goog84329 7y ago
The average investment of $500,000 is way too small IMO. That's less than the salary of one L5 (or L6?) engineer at Google.
- MetalGuru 7y agoL6. That’d be a high L5. I think the median total comp for L5 is around $350k.
- lmeyerov 7y ago1. 100% - FANG employees are indeed known as potential bad fits for early stage startups! Beyond asking for salaries multiples over international norms, which many teams are better off hiring vs 1 FANG type, they also often risk needing to overcome other critical bigco weaknesses: unready for the ups-and-downs, weird tooling, used to large org support in tools and distribution, must unlearn prioritizing tech / scale / reliability over hustle & iteration, and more. Startups may be a big leap for you and too much of a cultural mismatch. Which is OK! RSUs are great and you'll do fine, and good to realize now what it means to take a leap! If this is too much, equity shiftz to salary by Series A / B, and a few co's raise a lot in seed so already do that dilution trade off. 2. 500k is a lot for pre-seed and fine for the common case of a 1-5M seed party round, which is generally 1-2 leads + various smaller checks. Interestingly, w/ softbank floundering and us economy prepping for a recession, I expect seed rounds to back down -- current is 2-5X over just 5-10yr ago. (Disclaimer: founder that works with them and has to think about this stuff professionally)