2 ms·
I mean, a lot depends on your level of seniority, what type of equity you negotiate, how likely it will be diluted, whether you are likely to have a $100mm/$500
by ghshephard 5y ago
I mean, a lot depends on your level of seniority, what type of equity you negotiate, how likely it will be diluted, whether you are likely to have a $100mm/$500mm/$1B exit. A lot depends on the integrity of the CEO in the event of an acquhire (probably the most common exit) and how well the Principle engineers will be compensated (Retention Bonuses usually).
I will agree with you - it's probably batshit insane for a working stiff without a good chance of a $2mm+ payout to be working 60+ hours/week for years on end.