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> Now, with my 20 years' experience, am I thinking of branching out and doing my own thing? Sure. Would I have recommended that to my 18 year old self? Hell no.
by morgante 11y ago
> Now, with my 20 years' experience, am I thinking of branching out and doing my own thing? Sure. Would I have recommended that to my 18 year old self? Hell no.
Working at a startup you can also do very well for yourself.
- peteretep 11y ago> Working at a startup you can also do very well for > yourself Sure, just like joining a rock band.
- morgante 11y ago> Sure, just like joining a rock band. What? As far as I know, most early rock bands don't pay their musicians $150k+.
- onion2k 11y agoYes, but those who do are statistical outliers in a field of people who are underpaid and see very little money even if there's an exit at the end - you might get a $100k check but if you've been earning $50k below the market rate for 5 years that's not a very good deal. There are plenty of great reasons to work for a startup (challenging problems, freedom to work how you like, meeting smart people, learning huge amounts of tech very quickly, etc) but if you think it's a good way to get rich you are plain wrong. If you're a developer who wants lots of money go and work for a bank.
- morgante 11y agoIf you're making under-market at a startup, you're doing it wrong. Equity is compensation for increased risk and work, not for a subpar salary.