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Basically everyone knows by now, being an employee at an early stage startup is a suckers bet. You’re literally working to make someone else rich. Just go work
by corporateslave5 7y ago
Basically everyone knows by now, being an employee at an early stage startup is a suckers bet. You’re literally working to make someone else rich. Just go work for FAANG, or highest cash comp, and jam that money into tech stocks.
- majormajor 7y agoIt sucks if you want to work on new ideas, and not just be a cog in a giant machine, but don't have an idea of your own you think is worth founding. The money is the trade-off for the big corporate shenanigans and relative lack of intrinsically motivating work.
- ska 7y agoThis is often true from a raw compensation point of view, but it isn't as if the jobs are fungible. Nothing wrong with deciding a startup is best for you, so long as you are going into eyes open and don't believe some nonsense like "the options will make up for the salary difference".
- tempsy 7y agoI got lucky though at 2 startups, and day to day probably a lot more interesting than working as another cog in a big co. Definitely made more than I would’ve given my level.
- sub7 7y agoI did 3 stsartups as an early employee. First raised 27M then acquihired, common stock wiped out. Second is still going strong and profitable, my 2 years there will probably net me a few 100k. Third was a home run, my 6 years there made me $10M+ and I now have secondary firms chasing me for a piece. Startups can work, but you need to be really good and get really lucky and not stop after a failure.