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by khuey 3568 days ago
Chances of a nice pension and a job for life are pretty low in academia these days.
1 comments

A quick back of the envelope calculation of the value of a $150000 salary over 30 years is 2-4 million (depending on what you assume as your interest rate).

What are the chances that a person doing a startup will leave the startup with 2-4 million dollars? How does it compare with the chances of getting tenure at a university that pays $150000 on average?