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https://angel.co/ https://angel.co/ That being said, if you're so enamored with financial risk why don't you go to Vegas and bet everything on black? Most sta
by kjksf 12y ago
https://angel.co/ https://angel.co/
That being said, if you're so enamored with financial risk why don't you go to Vegas and bet everything on black?
Most startup jobs pay below market. If you're taking a job that pays $20k less hoping for that 2% chance of a big payoff from stock options, it's no different than saving $20k and blowing it in Vegas.
For some reason no-one making $120k/year would bet $20k in Vegas yet almost everyone thinks that taking a severe cut is acceptable.
- gargarplex 12y agoBetting $20k on black isn't as fun, you don't learn as many new skills, you don't have skin in the game, and there's no outside chance to become a millionaire if your company IPOs with a $10B+ mkt cap.
- sfeng 12y agoThis. The best reason to work at a startup is because for some people it's a more rewarding job than not working at a startup. If that isn't true for you, don't work at one.
- gesman 12y agoThe good reason for working at below market rate is to gain skills and experience necessary to move on and up and possibly building your own business/startup. Slaving from startup to startup in hope of a big payout is no different than Vegas.