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This is often not understood of successful ventures. There’s usually a fairly small circle of close people that get the biggest share of the financial pie, and
by znpy 4y ago
This is often not understood of successful ventures.
There’s usually a fairly small circle of close people that get the biggest share of the financial pie, and others don’t get very much.
I’ve seen a few situations where some friends ended up earning a regular salary at startups when the closed circle made millions. So yeah you can brag about working at $trendy_company but that doesn’t financially translate into anything special.
- pyb 4y agoDefinitely. We still have this unfair situation today, where "founders" get most of the upside, and "founding engineers" hired immediately after get ~1% or less.