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Hehe, no worries. It probably is somewhat due to our generations, but it may also be that as you age your salaries naturally will begin to diverge. And with a
by jakejake 13y ago
Hehe, no worries. It probably is somewhat due to our generations, but it may also be that as you age your salaries naturally will begin to diverge. And with a certain amount of success it's not exactly smart to go around broadcasting your wealth. I personally am self conscious about coming off as a rich jackass when I go to my hometown and visit my high school friends who are working for minimum wage.
For a venture funded start-up, over-sharing finances seems somewhat ill-advised to me. I guess maybe I am old and I just don't get it!? According to their blog they have a payroll burn rate approaching $2 million per year. Maybe they are grizzled veterans who have been in startups that run low on money and they have tricks up their sleeve. Maybe not - maybe they're just a bunch of kids who have never done this before and think that the money will keep flowing no matter what happens. Maybe their over-sharing will not put them at a serious disadvantage when negotiating because everybody will know their level of desperation for cash. Maybe their employees will not become very nervous and start leaving when the funding situation becomes scary? I only just took a really quick look that them and I don't know the answer to these things, but it doesn't seem like it really benefits them that much to share their corporate finances.
- grecy 13y ago>I personally am self conscious about coming off as a rich jackass when I go to my hometown and visit my high school friends who are working for minimum wage. I agree 100%. There is a fine line to be walked between "sharing" your salary and "bragging" about your salary. For me, I find it easy to share with people in a similar-ish scenario/career/position in life. It's not so easy to share with someone in a very different life situation, like working a minimum wage job, as you say.
- bmelton 13y ago> It probably is somewhat due to our generations, but it may also be that as you age your salaries naturally will begin to diverge. That right there. I'm nearer forty than 20, and I remember a time when I freely discussed my salary, or the price of anything I'd purchased with anyone who'd asked. Now, not so much.