2 ms·
Its useful to do the math around what your equity would be worth, if you are the 50th hire you are probably getting less than .1%, so even a crazy moonshot bill
by ericmcer 2y ago
Its useful to do the math around what your equity would be worth, if you are the 50th hire you are probably getting less than .1%, so even a crazy moonshot billion dollar acquisition would leave you with a few 100k at most. Grinding yourself down for a slim chance at making that amount isn't worth it.
I have had managers say things like: "this could be the last job we ever work" as if none of us are capable of doing math.
That said we are all a bit prideful so exhausting yourself to get that fleeting feeling of having achieved something clever and good is definitely on the table.
- steveBK123 2y agoThis is why I said large equity holder. Most startups unless you are founding team this is not the case. Certainly sub-1% ownership is far from large. A situation where you have sub-$1M equity that is illiquid for a decade until a hoped-for exit is not large equity.
- HeyLaughingBoy 2y ago> exhausting yourself ... is definitely on the table. No. It's not.
- justin_oaks 2y ago> this could be the last job we ever work I interpret that as "This is the job that kills you."