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by aggronn 2640 days ago
So I wrote a longer post about founder risk, but I realized maybe I misunderstood what you meant by this:

>There is not a lot of risk from your perspective

You mean, from my perspective, it sounds like I don't think early employees take on a lot of risk? I wanna be clear: Options are risky. Working at a startup for options is much riskier than taking cash. I hope it doesn't sound like i'm denying that.

If you're making market salary, and you're getting equity on top, then maybe its not so risky. But if you're taking a pay cut for equity in any form, you are absolutely taking a financial risk.