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by erdojo 3385 days ago
Wholeheartedly agree - except with the start-p lottery/F-U money.

What most startup employees don't understand that even if their start-up wins the lottery, they're not going to have F-U money. That's reserved for co-founders and investors. Maaaaaybbeeee if you're employee 1-20 at the next Facebook or Google you'll end up with a substantial sum. But the rest of the pack? You're .1% (if you're lucky) might next you $500-100k. Not enough to brag about.

If you have .1% and your company sells for $100 million, you don't get .1% of $100M. You get .1% of whatever's left over after the investors have gotten their 2-3x preferences, all debts have been settled etc.