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A comment on Who pays when startup employees keep their equity?. Parent comment

Re:Who pays when startup employees keep their equity? by Retric on Tuesday July 05, 2016 @02:46PM (#12038631)
You can still do remote work from a cheap location, or stay and have FU money.

Giving up 500k in salary for a chance to make 500k in stock is a terrible bet. Alternatively, only save up 100k in 10 years, go to Vegas and bet it all at slightly negative odds. You can set things up for a 20% chance of getting ~500k which is better odds than many startups while still having more day to day money.

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Re:Who pays when startup employees keep their equity? by lbn on Tuesday July 05, 2016 @02:58PM (#12038711)
> You can still do remote work from a cheap location

Wouldn't the employer insist on paying in the local salary range?

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Re:Who pays when startup employees keep their equity? by mathgeek on Tuesday July 05, 2016 @04:20PM (#12039261)
In my experience, this is not the case.
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Re:Who pays when startup employees keep their equity? by rhizome on Tuesday July 05, 2016 @03:36PM (#12038934)
You can still do remote work from a cheap location, or stay and have FU money.

Do they have good schools in $cheap_location?

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Re:Who pays when startup employees keep their equity? by Retric on Tuesday July 05, 2016 @04:08PM (#12039160)
There are a very large number of cheap locations with good schools. Especially when you include private schools.
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Re:Who pays when startup employees keep their equity? by mathgeek on Tuesday July 05, 2016 @04:20PM (#12039265)
Private schools tend to increase the "cheap" part quite a bit.
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Re:Who pays when startup employees keep their equity? by Retric on Tuesday July 05, 2016 @04:56PM (#12039488)
Depends on # of kids. Many great schools are well under 10k/year, but that's only so useful if you have 5 kids.
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Re:Who pays when startup employees keep their equity? by nommm-nommm on Tuesday July 05, 2016 @05:46PM (#12039768)
9k a year is not cheap.
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Re:Who pays when startup employees keep their equity? by Retric on Tuesday July 05, 2016 @07:34PM (#12040258)
Sure, though that only starts after pre-k and k, which tends to be much cheaper.

Anyway, if you compare starting a family with ~1M in the bank and 1 income at 50k vs. dual income 220k in the valley and no savings outside of home equity there are benefits on both sides.

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Re:Who pays when startup employees keep their equity? by mathgeek on Wednesday July 06, 2016 @01:04AM (#12041310)
> starting a family with ~1M in the bank

This is an outlier and, in my opinion, not representative of any useful demographic for this discussion. The idea that you bank $100k a year (let's even through in compounding) is certainly feasible, but not common.

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Re:Who pays when startup employees keep their equity? by srtjstjsj on Wednesday July 06, 2016 @01:33PM (#12044621)
It's cheap compared to paying an extra 20k/yr in rent or mortgage and property tax.
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Re:Who pays when startup employees keep their equity? by eru on Tuesday July 05, 2016 @09:35PM (#12040694)
Sure. Better ones than in the US, even. (Eg Finland perhaps?)
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