Re:Ask HN: Pros and cons of working at a startup in 2018?
by nieksand on Monday June 11, 2018 @03:18PM
(#17287553)
Three quick thoughts:
* The base compensation and benefits alone, even if RSUs became worthless, are still serious money.
* I would expect startups founded and running in today's boom market to fair worse than established firms. Short runways, limited revenue, and a sudden contraction in funding availability is not a great mix.
* If the lucrative comp packages of the big companies collapses, the world of startups will still be there for you. You'll have the added advantage of a very healthy bank balance going in.
* The base compensation and benefits alone, even if RSUs became worthless, are still serious money.
* I would expect startups founded and running in today's boom market to fair worse than established firms. Short runways, limited revenue, and a sudden contraction in funding availability is not a great mix.
* If the lucrative comp packages of the big companies collapses, the world of startups will still be there for you. You'll have the added advantage of a very healthy bank balance going in.