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by AndrewHayes 2478 days ago
How about, don't work as an undercompensated startup employee who is relying on shares to become valuable. You can have incredibly rewarding jobs both personally and financially working for a startup.
1 comments

I would love to hear more about your experience. In my experience, no startup comes close to the pay of a big and healthy tech company.

Specifically, even if you get the startup to match the base salary of the big company (which is almost always not true and comes at a 20-30% discount, but I'm willing to assume that it can be done), the equity that the startup will give you is effectively $0, whereas the public RSU the big company will give you are basically cash-equivalent (if you are really conservative you can adjust them by 20-30%?).

This last point is the major one for me: at least in the Bay Area, senior software engineers are offered equity grants that are effectively the same size of their salary every year, so by going to a startup you are immediately being paid at least half.