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If you are living in the Bay Area, do not quit your job unless you have enough money to keep your own lifestyle in perpetuity. I have so many friends that have
by plank_time 5y ago
If you are living in the Bay Area, do not quit your job unless you have enough money to keep your own lifestyle in perpetuity.
I have so many friends that have regretted going into startups because they have missed out on literally millions.
If you don’t have a house right now, do not go into a startup because the ones in big companies will earn more money than you and you will effectively take a break in making money for years.
Of course you might work at the next Uber, but chances are 10 to 1 that you will instead work at the next Juicero. The 5 years you dedicate to that job will see no money but the stock market will rise and you won’t see any of that so your peers will get richer and richer.
So if you have a house and enough money to keep your lifestyle no matter what, then sure. Go for it. If you don’t, then wait until you have enough. Or if you don’t care about money and are okay with things like housing being completely out of reach then that’s okay too.