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by inter_netuser 1617 days ago
1+ mil (in cash, not some silly rsu or tokens) is very common salary today in DeFi for top talent.

Plus al sorts of tokens on top of that.

This board loves to hate on crypto, to their own financial detriment.

Poverty isn’t virtue.

1 comments

Yup, definitely industries (like web3/crypto/defi) where this can be done in the short term, but it still constitutes a lot of risk for the long term.

Even if you are getting $1M in cash today, who knows if you'll get it the following year when the underlying token they're liquidating to pay you in cash loses value and the founders are getting rekt. In some cases, you may only get the cash for a few months.

I agree that HN loves to hate it on crypto, but as this community ages you have to expect somewhat of a more risk-averse mindset to set in. Even YC funding is so high, I don't consider it as risky as it was 10 years ago.