[danielscrubs]

PostHogs seed round was 3 million USD, but the likelihood that Google at this point of time is going to lets say 20x in a decade is vanishingly small. And remember, even in the early days customers loved them, so certain risks where lowered.

Remote-first also changes the dynamic of who gets promoted.

I mean each to his own, but personally I would rather bet big iff I wanted to quit my current job. I think now the PostHog sail has long gone with the risk and reward ratio.

[fdlaks]

Sure as long as you realize you are really betting big, if you’re lucky and after dilution you own 0.1% of the company, posthog needs to sell to someone for a billion dollars for you to make one million.

And that’s one million before tax, before the preferred stock gets paid out to the big investors, after the lock out period where you can sell your stock a few months after the deal goes through. That’s not 1B valuation either, that’s someone buying the company for 1B in cash. Not impossible, but definitely unlikely.

If you work at google for 5 years you will almost definitely make more than you would working at posthog and getting acquired in the same amount of time, but yes if lighting strikes twice in the same place and posthog did an IPO and the stock 20xed you would miss out on that money

[nosefrog]

The idea that engineers at Google don't get rich is not based on reality.