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by jstandard 2831 days ago
This isn't a fair assessment.

Startups can't pay BigCo wages because they don't have the money to. They have to leverage other, harder-to-value benefits which BigCo generally can't offer.

Increased responsibility, fewer "rules" on how to execute, more tightly focused mission are a few.

Naturally this differs company to company and there are always bad actors.

The compensation equation works out differently for each individual. Not everyone should work at a startup.

2 comments

And that is fair. But the parent comment insinuated that anyone asking for money is doing something wrong or is inferior to "someone who truly loves technology". It's a highly personal decision with no right or wrong IMO.
Agreed. "Compensation-driven thinking" may not be the best choice of words. Money is always a touchy subject.

I read parent's comment to be more about highlighting the expectations mismatch that occurs sometimes when candidates aren't willing to make compromises and then blame the startup for being "too stingy".

I've seen this mismatch occur on both sides of the table. Startups have a harder time hiring due to as they need to seek people willing to forgo direct compensation in exchange for these harder-to-value benefits. Startups need to stay self-aware they'll have a harder time hiring since the candidate pool is smaller.

Candidates applying to startups also need to temper their salary expectations. If you want to join a startup, especially pre-Series C, and you're not willing to compromise on direct compensation, then prepare for a harder time. The employer pool is much smaller and you're not likely to get the most out of working at a startup if salary is a top priority.

They could have the money, say they hired less people, but payed the ones they had better for example.