Who pays when startup employees keep their equity?

Re:Who pays when startup employees keep their equity? by Retric on Tuesday July 05, 2016 @02:39PM (#12038561)

Many "single people" in the Bay area make less than 40k/year. They don't starve.

If you are single, living in the bay, and making 100+k and not saving like a bandit it's because that's your choice.

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Re:Who pays when startup employees keep their equity? by aioprisan on Tuesday July 05, 2016 @03:27PM (#12038879)

I don't know what housing costs you must be talking about then. $40k/year pre-tax is close to $2648/month after state and federal taxes, and you're saying that with Bay area housing prices, you're not starving? I'm guessing that's also with no school loans or trying to work and pay your way through school, which probably applies to a very small fraction of the population.

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Re:Who pays when startup employees keep their equity? by dpark on Tuesday July 05, 2016 @03:55PM (#12039064)

It's easy. You just live in a small 2-bedroom apartment with 3 other people. $40K goes a long way if you're willing to have no space to yourself.

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Re:Who pays when startup employees keep their equity? by imtringued on Wednesday July 06, 2016 @09:15AM (#12042834)

>which probably applies to a very small fraction of the population.

If you consider Walmart and McDonalds employees then that's a large part of the us population.

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