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by benmathes 3496 days ago
Yes. Nobody who understands the risk-adjusted rewards of startups does it for the money. Best odds of getting rich? Go work at Google and bank your check/bonus. At best, startups are a faster way of getting experience. [1]

Employees don't even know they are making that bet, though! Most don't even know the details of what they are getting, let alone how to evaluate it. I've been working with AngelList to help fix this, much more coming very soon.

[1]: http://startupljackson.com/post/135800367395/how-to-get-rich...

1 comments

That's not completely fair. Startups want and need more experienced employees and cannot afford to bring in new grads at the scale bigger corporations can.

Facebook, for example, has an entire org that focuses just on internships and new grads. They are offered space and time to learn and grow. Some may still fall through the cracks, but far less so than at a startup that doesn't have the resources to hand hold.

At a big company you can learn how to be a team player and specialize in areas that are interesting to you. At a small company you learn how to become a jack of all trades and must cover your bases.

yeah, hence "at best". There are bigco's where you'll stagnate. There are startups where you'll only learn how to make CRUD apps in rails.