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I agree that acquisitions tend to cause larger departures of talent. > Not sure I buy that high turnover is inevitable I guess it also depends on the context,
by manuelabeledo 5y ago
I agree that acquisitions tend to cause larger departures of talent.
> Not sure I buy that high turnover is inevitable
I guess it also depends on the context, e.g. labour market, geography, culture, etc. In my case, my first two were based in Europe, and many hires found the risk/pace to reward ratio unacceptable.
It’s also a matter of how good you are at hiring. I obviously wasn’t, if we look at the results.
- adam_arthur 5y agoYeah this was in SF, and early days were early-mid 2010s. To be honest I don't know why anybody would join a startup at today's inflated valuations. Though they seem to be coming down now. You work much harder just to have a chance to make a FAANG equivalent pay it you get really lucky. I'd only join one again if ownership % was very high and protected from dilution. I owned a fair amount of my company, joined at low valuation and still came away just roughly equivalent to mid level FAANG comp. Though I was young/dumb and could have negotiated much higher equity, in retrospect. To be fair I came in with an untraditional background, and the journey/experience certainly was fulfilling in it's own right