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In the context of engineering: > Odd take. I guess if you're shitty at picking startups. I know so many people who have made multiple 7 figures across secondar
by ctvo 5y ago
In the context of engineering:
> Odd take. I guess if you're shitty at picking startups. I know so many people who have made multiple 7 figures across secondary sales in various Series A-B companies.
Sounds like those people are the most successful VCs ever and should consider a career switch with their ability to pick winners.
> A VP at a fast growing SaaS company has millions in equity. Their comparable L-8 type position at BigCo won't give nearly the same upside.
A VP at a fast growing SaaS company has millions in fake money. Their comparable L8 type position at Big Tech has ~700k-1 million yearly compensation in real money.
> It's easier to make mid-high six figures at BigCo. It's easier to make a few million at startups. Frankly, the most talented people I know (outside of in engineering) always inevitably leave BigCo for a startup.
Citation required. Who are these people? What were their exits? How many times did it take? Stories from a friend of a friend do not make compelling data.
> BigCo is a far better place for more mediocre performers.
The pool of available jobs at all start-ups dwarf what's available at Big Tech. It's very hard to argue that there's more mediocre people at Big Tech than start-ups.
- nxmnxm99 5y agoWho said anything about exits? People are getting rich with ESOP and secondary sales. You seem to be ignoring an entire industry of early liquidation. I'll reiterate: top performers get rich at startups. Mediocre performers get moderately wealthy at BigCo.