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Even cofounder position cannot guarantee successful exit. It is all about the small font things in contracts, understanding of the reality of the situation and
by nbzso 5y ago
Even cofounder position cannot guarantee successful exit.
It is all about the small font things in contracts, understanding of the reality of the situation and not taking anything at face value.
It is not impossible outside the "luck factor", but in this point in time things are refined and well executed and this "get lucky" is usually propagandist in his nature.
I am on different spectrum. I live in 'qualified personal' territory. Everything that I fight for is measured in Hourly Wage.
Nothing more, nothing less.
- ptero 5y agoNo one can guarantee a successful exit, but if it does happen a cofounder typically makes out very well, while engineers with options usually end up with a token amount.
- nbzso 5y agoYoung engineers need to grow up and learn from previous generations of professionals. The generational divide is funded by corporate and VC interests under HR classifications as "cultural fit". In reality we all are "just a cogs" in a somebody "value extraction" plan. And as such we must demand fair wages and clear career paths. P.S. Downvotes don't remove the reality of my statement.
- a_t48 5y agoYou’re saying they should just roll over and take what is offered?
- nbzso 5y agoNot at all. This approach will make more effective salary or wage negotiations. As a side-effect this will lower the possibility of low payment for overtime work and will create more quality in the product pipeline etc.