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by bogomipz
3360 days ago
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I think the commenter two above was able to flesh out the meaning of your original comment for me. I do agree with you on the wage market though as well. I was thinking about this the the last time(recently) a recruiter was pitching the whole "equity in place of cash comp" to me. If you figure a 1 year cliff and then 25 percent a year vesting schedule. You are into the startup for 5 years to be fully vested. How many of those can you do in a career? How many companies continue to be awesome enough to stay for 5 years? How many of those will actually IPO? The odds don't seem that great. |
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