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Re:Who pays when startup employees keep their equity? by jsprogrammer on Tuesday July 05, 2016 @04:02PM (#12039111)
You are assuming the company sticks around you with that salary for 20 years, but that the options never become valuable.

It would take incredible foresight for a company to correctly manage to pull off such a feat.

Re:Who pays when startup employees keep their equity? by mikeash on Tuesday July 05, 2016 @04:08PM (#12039163)
I'm merely assuming that your working life is at least that long, and that the salary/options tradeoff is something you can make throughout, as you change jobs.

If you go hardcore for options, then you might take every job with a reduced salary and a chance of striking it rich. If you're totally against then you might take every job with a more established company (or unconventional startup) that pays better. The tradeoff of potential riches versus more certain earnings is as I described.