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You either get in as employee #3 with real equity, or you join as employee #5000 with good salary, benefits, stability, and work/life balance. Anything else an
by deckard1 5y ago
You either get in as employee #3 with real equity, or you join as employee #5000 with good salary, benefits, stability, and work/life balance.
Anything else and you're a chump. Since there are a whole lot of employee #50, and #35, and #110s out there apparently many people really don't know what they are getting into.
- mlinsey 5y agoI dunno if I agree with this. If you're early on in your career, jumping in as employee #20 can be an optimal time to learn a whole lot by working directly with all the key senior people in the company. If you're later on in your career, an employee #20 is likely jumping on board to work with people they know and trust. From a strict compensation perspective, you are probably right, but even then, it is probably less stark than it was ten years ago, what with seed rounds and series A sizes being so massive that salaries are a bit more reasonable at this stage too.