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Yeah, I think we're basically on the same page, but have plugged pretty different numbers into the proverbial Drake equation. I agree that job loss probably is
by sdenton4 6y ago
Yeah, I think we're basically on the same page, but have plugged pretty different numbers into the proverbial Drake equation.
I agree that job loss probably isn't all that bad... (Unless it lines up with a wave of companies closing, which is known to happen from time to time.)
I can also just save + diversify /more/ with faang salary and equity than I could at a startup. The $50k/year is a lower bound on what I expect the pay cut to be in moving to a startup. So from where I sit, there's really no financial argument for moving to a startup. The startup has rather lower pay, some probability of payout multiplied by a value that I just kinda expect will be chipped away by the suits, and some probability of a bad outcome (with some bounded range of potential badness). I look at it and just think it's not interesting unless I get really, really bored.
- pushrax 6y agoI think your evaluation is right and sensible. If you wanted, you can also take on risky bets with more diversification. Joining a company that's relatively close to IPO is an interesting middle area.