That depends on what you're looking for. If you're just looking for a stable job, you're right. If you're looking for a position where you'll have a better ch

That depends on what you're looking for. If you're just looking for a stable job, you're right. If you're looking for a position where you'll have a better chance of being in a leadership position, you're better getting in early. If the company's already profitable, your chance of eventually being, say, VP of engineering, isn't great.