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This assumes how much of the founders' shares they sell and the size of the raise. The $400k figure is just arbitrary here. I imagine when companies are raising
by parentheses 2y ago
This assumes how much of the founders' shares they sell and the size of the raise. The $400k figure is just arbitrary here. I imagine when companies are raising Series B or later, founders are walking away with millions.
- keeptrying 2y ago$1-$2M after 6 years of working at $100k isn’t really much either in the Bay. (Which is the only place you’d get that.) Even that averages to a senior Eng salary for the very very few founders who get there. This has to be tempered by other realities - no social life - working 80 hours a week easily - risking personal finances - health problems - good chance of divorce / no deep relationships Starting a company is no joke. Very few get to series B/C.
- newshackr 2y agoThat may be true, but it is also true of early employees who stick it out for similar amounts of time and get nothing. $1-2 million may be the total amount they would get after a billion dollar exit.