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Did I read Ben Kuhn's article right? For engineers at almost every level (except maybe right out of school), they can easily make 100k/yr more by choosing a big
by calderwoodra 5y ago
Did I read Ben Kuhn's article right? For engineers at almost every level (except maybe right out of school), they can easily make 100k/yr more by choosing a big co. So if money is all you're optimizing for, it's never worth it to choose a startup unless you're very risk adverse.
- hansvm 5y agoI don't think that's the right takeaway. There were a ton of assumptions going into that +$100k cutoff, including that the initial exercise price for your bag of options would be less than the fair market value for a new grad's initial stock grant at FAANG. The emphasis of the article wasn't a particular number, but that startup options can be a little more valuable than they look, so it might be worth actually doing the math on some of the better offers rather than blindly going to FAANG.