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by light_triad
753 days ago
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The main draw to starting a startup is not to get rich from the salary, but from the equity. Founders are not really equivalent to employees, they create value from nothing and revolutionise industries, if they're doing it right. It all comes down to the classic question: do you want a high chance (a%) of getting a decent amount of money ($b) or a very small chance (c%) of getting an enormous amount of money ($d)? The values of a, b, c and d are different depending on your background, experience, connections, hunger for risk, etc. You have to find the decision thresholds that make sense for your situation. |
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