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"Salary" is not "total compensation". IMO, part of working for a startup is accepting the risk/instability. Another part is taking on responsibility at a much
by Ancapistani 5y ago
"Salary" is not "total compensation".
IMO, part of working for a startup is accepting the risk/instability. Another part is taking on responsibility at a much faster rate than you otherwise would.
That's typically compensated via equity.
- kevin_thibedeau 5y agoHow is a startup with 5 years of runway riskier than a non-startup with $100M revenue? The only difference is that the money comes from sugar daddies rather than paying customers. In the olden days working for a startup entailed below market pay and equity was the reward for slogging it out.