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by savoy11
5655 days ago
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I believe at this point most of the people on news.ycombinator are well aware of the "work at startup" bait. If you are that good to help a startup to grow from 0 to millions, you typically get $150K at Google (for example). For the 4-5 years it typically gets for the very few successful startups to cash out, you will be earning $750K for sure + benefits + sanity + normal life. If you are that good and you are not one of the founders, you have to be very careful in your decision to join a startup. For every success story (it gets multiplied x 1,000,000 by the press), there are thousands of dramas and flops noone hears about. |
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First employees face a different risk, starting with a competitive but subpar salary with very small equity and little stability (get fired and your vested equity goes away), and they work long hours like founders.
If you found, you have to find a way to make it worth the risk to early employees. Many founders go the route of hiring first employees out of school where their options are slimmer.