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by rohern 4839 days ago
I think the most interesting question raised by this article is, "Why are the smart people graduating from college willing to get shafted by startups?"

Why are schools failing to teach engineers about caring for their own careers? I do not think most business majors would put up with kind of crap. They are all taught to negotiate for salary and to get high earnings early as a basis for later demands. They also understand how stock options work and that 0.5% over a four-year vesting cycle with no protection in the event of acquisition is an atrociously bad deal.

2 comments

Someone else here mentioned something about joining a startup because it can be a great opportunity to learn. Maybe you can get something out of it other than money that is very valuable. This kind of thinking would appeal to a young kid straight out of college and perhaps not to a 40 year old with kids who wants to buy a house. Different strokes...
Negotiating for salary is useless for a business major who cannot get a job. You are also vastly overestimating their average intellectual capabilities with respect to options vesting rules.

CS graduates have it very good right now, much, much better than business majors.