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Startups aren't for everyone and not all startups are created equal. It would be unfair to assume all startups are misdirected and low paying. There are plenty
by agotterer 15y ago
Startups aren't for everyone and not all startups are created equal. It would be unfair to assume all startups are misdirected and low paying. There are plenty of positions that pay market rate salaries and give equity. While you can definitely make a greater base salary at a semiconductor company or "adult" job. You miss out of the potential upside of startup equity, the excitement of a growing startup, wearing many different hats and trying to build something disruptive.
- UncleOxidant 15y ago> Startups aren't for everyone and not all startups are created equal. It would be unfair to assume all startups are misdirected and low paying. True. Didn't mean to imply that. This particular one was misdirected and low-paying. > You miss out of the potential upside of startup equity How many startups actually make it to the point where the equity is worth something? I'm guessing it's under 5% of them (even in good times). So at some point you need to make the calculation as to whether the equity that you're trading pay for is going to be worth anything. In my case I determined that it would never be worth anything.
- prpatel 15y agoOver here at TripLingo, we collaborate on the direction of the company. Our fearless leader(tm) however, has set the vision from the beginning, and continues to impress the vision with some small tweaks as we've moved forward. But we're a small team still - only 6 core folks - so YMMV if you're in a larger startup.