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Be important enough to get explicit protections against dilution in your job offer. Startups were barely worth it financially in the mid 2010's, anyone joining
by adam_arthur 4y ago
Be important enough to get explicit protections against dilution in your job offer.
Startups were barely worth it financially in the mid 2010's, anyone joining one the past few years has gotten majorly scammed.
Still chuckle when I think about Postman reaching out for a job at a 5B valuation with something like 100 employees and less than 50m revenue. Good life lessons for many though
- deleted 4y ago[deleted]
- chii 4y ago> Be important enough if you do not contribute capital, i dont think you can realistically become _this_ "important".
- hobbyjogger 4y agoAgreed 100%. Essentially no employees (and nearly no founders outside of your unicorns) have anti-dilution protections against future investment.
- adam_arthur 4y agoThen don't join the startup