4 ms·
This doesn't value quality of life. Startups, for many people, are a lot more fun than FAANG. If you stay at your FAANG job but invest, you have the worst of bo
by gkoberger 5y ago
This doesn't value quality of life. Startups, for many people, are a lot more fun than FAANG. If you stay at your FAANG job but invest, you have the worst of both worlds... a lower salary without the fun/excitement/pride of a startup. We have lots of angel investors, and I doubt any of them feel like they're getting a "startup" experience for their money.
Plus, I think there's some real problems with the math. Nobody is doing a $5M cap anymore, you have to somehow have really good deal flow to get two good $50k investments a year, $50k is a lot for an angel investing their own money, most companies are going to fail, and as soon as there's another round there's dilution.
- beambot 5y agoPurchased equity suffers the same dilution as earned equity (on the same grant date), but with the added benefit of liquidation preference.