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Make sure that you'd be happy if you worked long and hard for the start-up and all you got was the salary they're paying you + the experience. Even if the star
by semanticist 15y ago
Make sure that you'd be happy if you worked long and hard for the start-up and all you got was the salary they're paying you + the experience.
Even if the start-up is a huge success, the chances of you making substantial amounts of money are low, unless you have founder-level equity.
- gamble 15y agoMy husband was an early employee at a company that was acquired in a mid-nine-figure deal. The founders walked away with at least a hundred million each. Employee #1 got a low seven-figure payout, after about ten years of grueling overtime. Keep in mind this was actually a company that is IMO unusually fair and considerate toward employees. You really need billions of dollars coming into a company before non-founders have a chance to make fuck-you money.