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by candiodari
2199 days ago
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This is a good other way to go, I've met 2 people who played the game this way. They became engineers at huge, kinda pointless, companies (Alcatell-Lucent) and achieved a decent but not spectacular position. Something akin to tech-lead. Leading a decent team, but not as a people manager. Then they joined a not-gonna-happen startup (to do with optical fibers) as a CEO, investing something like $50k of their own money to get the position, later increasing their stake to $150k. If the startup is about to die this is not very hard. They had a plan to turn things around and in at least one case (out of 4-5 tries) it worked. This guy was then forced out of the CEO job, but he was certainly very well compensated for his efforts (triple digit millions). Of course he did try that 5 times, and lost everything 4 times out of 5. Including years of work. It's not for the faint of heart. The other one made out well as well on one of his past efforts that was taken over by a competitor for a very nice price, after which he left. He's now working on a company that I'm not really holding out much hope for. |
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Why is Alcatell-Lucent kinda pointless?