[wheelerwj]

yeah, 100%. not everyone can just bounce or put up with a significant amount of downtime between jobs. But still, a petition is a terrible idea in a startup. Its just going to make things worse.

> If you have a non-C-level job at a startup

even C-level people need to pay their rent, especially in early stages where its likely the founding c-team is likely compensated mostly in stock.

[nwsm]

Being compensated mostly in stock would make it easier to leave if you are just worried about paying rent.

[olliej]

I guess what you're trying to say is that "if you're being paid mostly in stock then you're earning so little cash you're not really losing much cash if you quit".

This is a fundamentally incorrect assessment. If your cash salary is lower it is harder to leave the company. Being able to leave a company without a replacement job lined up requires having enough saved cash (not unsaleable pre-IPO stock), but if you're being paid less cash you have less to save after paying rent.

Put very simply, you're interpreting a "low cash income given actual market rates" and "no cash income" as being somewhat interchangeable. Hopefully when phrased that way it should be obvious why that isn't the case if you have mortgage/rent/healthcare to worry about.