3 ms·
> some questionable equity package one might argue it's a good time to gamble on a startup. I'm recently spared from a massive layoff, but it wouldn't have be
by throwaway22r 4y ago
> some questionable equity package
one might argue it's a good time to gamble on a startup.
I'm recently spared from a massive layoff, but it wouldn't have been bad if I was part of that. The severance was 4 month pay plus accelerated vesting (for that 4 months)
I paid off my house thanks to the hot stock market in past 2 years (no one's saying it out loud, but pendamic has been a boom for IT workers), and have some cash cushion to maintain the lifestyle anywhere between 2 yrs to 5 yrs (depending on how frugal I choose to be)
So a 200 base and questionable (but high reward) equity in a startup working on things I'm interested in after a 4 month paid vacation? Doesnt sound too bad.