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Re:Why Should I Start a Startup? by Animats on Wednesday July 19, 2017 @04:14PM (#14807499)
The odds of there being an exit worth anything to anyone other than a founder are small enough to not even worth considering.

So if you go to work for a startup, you should demand substantially more money than with an established company.

It didn't used to be that way. It used to be that the first dozen or so employees of a successful startup did very well, and the first hundred or so did OK.

Re:Why Should I Start a Startup? by Analemma_ on Wednesday July 19, 2017 @04:19PM (#14807532)
> So if you go to work for a startup, you should demand substantially more money than with an established company.

The problem is that most startups can't match, much less beat, established companies on salary, and they'll just turn you down. It's not even malice or greed on their part, it's just that they have a finite runway and a few tens of thousands of dollars a year on a single person can mean the difference between life and death.

No one wants to say it out loud, but I'm starting to think that the startup economy requires people to accept the gamble of shit salary for a chance at the equity lottery. I decided not to play along with that and only work for megacorps, but it's up to each individual.

Re:Why Should I Start a Startup? by marssaxman on Wednesday July 19, 2017 @04:29PM (#14807623)
The megacorp economy requires people to accept the likelihood of crushing institutionalized misery in exchange for a chance at being able to sustain a high salary long enough that the accumulated pile of cash after you finally quit will allow you to live a good enough life to make up for all that lost time and deferred happiness. I decided not to play along with that and will never again work for a megacorp, because life is short and I want to enjoy mine. It is, as you say, up to each individual!
Re:Why Should I Start a Startup? by metalliqaz on Wednesday July 19, 2017 @04:36PM (#14807672)
But then you have kids, and kids require stability. So you go to work for the man, because the kids are more important.
Re:Why Should I Start a Startup? by tmsam on Thursday July 20, 2017 @03:21AM (#14810604)
But... start ups still pay engineers salaries that dwarf teachers, retail, and many other industries. Should people in those industries not have kids? Are they being irresponsible by not making 6 figures?
Re:Why Should I Start a Startup? by metalliqaz on Thursday July 20, 2017 @09:46AM (#14812362)
I wasn't talking about money, I was talking about stability.
Re:Why Should I Start a Startup? by geodel on Thursday July 20, 2017 @09:03AM (#14812081)
People working in software field are extraordinary and deserve extraordinary perks is held as self-evident truth in modern world.
Re:Why Should I Start a Startup? by tonyedgecombe on Thursday July 20, 2017 @06:50AM (#14811355)
Actually, I don't think many people can stop that "institutionalised misery" spilling out into their family life.
Re:Why Should I Start a Startup? by Zarath on Thursday July 20, 2017 @08:18PM (#14817245)
Exactly, be miserable so the next generation can do it too! People raise children in total poverty all the time dude, I'm sure you're going to be fine.
Re:Why Should I Start a Startup? by skgoa on Thursday July 20, 2017 @03:56AM (#14810743)
> No one wants to say it out loud, but I'm starting to think that the startup economy requires people to accept the gamble of shit salary for a chance at the equity lottery.

Eh, lots of people say exactly this out loud. People who accept that gamble jsut like to pretend their chances are higher than they are and/or it's worth it for the work experience.

Re:Why Should I Start a Startup? by mseebach on Thursday July 20, 2017 @08:20AM (#14811797)
There's more to it than the small chance of winning the equity lottery. Working for a startup confers a number of non-monetary benefits that mega-corps don't. If you pay a startup-salary and then stick people in a cubicle and have them write TPS reports and deal with petty politics (ie: mega-corp conditions), people won't work for you.

The feeling of working for a company that will make a dent in the world, so to speak, and that your effort will have tangibly supported creation of said dent is a powerful motivator.

Re:Why Should I Start a Startup? by agentultra on Thursday July 20, 2017 @10:11AM (#14812576)
The odds of "making a dent in the world" are pathetically, abysmally, absurdly small. You cannot plan for that. It just happens to some people and that's it.

If by, so to speak, you mean that some dents are bigger than others -- sure... contributing to a small startup that makes some people a decent amount of money and the rest practically nothing... sounds great. Turns out the bigger the exit the less the rest of the people make and the more a small group of people do. Of all the companies big and small that are started around the globe each day, how many have "made a dent in the world?"

It may as well be zero.

If you cannot be motivated internally you're not going to find it very satisfying to continue taking risks working for (or starting) startups. When the first one fails, and the next few, and you never end up making that dent... you're going to be very disappointed.

You can use that same internal motivation at a big-corp as you can working for a start up. Or anywhere else in life.

Re:Why Should I Start a Startup? by jorblumesea on Thursday July 20, 2017 @01:08AM (#14810134)
Yeah that's not gonna happen. Startups are lots of work for low pay, with the lottery ticket that you might be the 1% who makes it out.

You ask for a megacorp salary and you'll be laughed out the door.

Re:Why Should I Start a Startup? by uiri on Thursday July 20, 2017 @09:48AM (#14812376)
How exactly are startups supposed to get the best engineers without paying market rate for labour? Given the emphasis on only hiring rock stars, you would think that startups would offer higher salaries than megacorps. Relying on your prospective employee being too dumb to notice the raw deal that she is getting is not a recipe for hiring good employees.
Re:Why Should I Start a Startup? by jorblumesea on Thursday July 20, 2017 @12:35PM (#14813968)
Work and growth opportunities, the promise of being paid out if it succeeds. At a startup you can play with the latest hot technologies and if the startup is growing fast enough you can accelerate your career into positions faster than a large corporation.