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Yeah, in the past few years startups have become super stingy with equity. In the best case you end up making the same you would at a big tech company, and the
by makestuff 4y ago
Yeah, in the past few years startups have become super stingy with equity. In the best case you end up making the same you would at a big tech company, and the worst case you end up with nothing. I interviewed at several, and after doing the math they would all need to 10x with minimal dilution, and have an exit within 5 years to make any money. Once you realize the odds of that happening, it becomes pretty obvious that you are not being given a good deal.
- Apocryphon 4y agoThis 2019 discussion thread where HN was pushing back at a pre-YC head Garry Tan, especially this subthread, was a memorable example of devs complaining en masse about startup equity stinginess. https://news.ycombinator.com/item?id=21866560 https://news.ycombinator.com/item?id=21866560