FanDuel founders to receive no cash from sale to Paddy Power Betfair

Re:FanDuel founders to receive no cash from sale to Paddy Po... by hn_throwaway_99 on Sunday July 08, 2018 @05:07PM (#17486207)

> If you like lower risk and lower gain, sure.

Given how much the big tech companies are paying though, especially when it comes to RSUs, I'm not sure this calculus makes sense anymore, especially for early employees. Founders may do exceptionally well on many cases, but for most early employees at startups there really isn't that much potential upside in most cases, compared to the guaranteed earnings you can get at a top tech company.

[ Parent | on HN ]

Re:FanDuel founders to receive no cash from sale to Paddy Po... by Gibbon1 on Sunday July 08, 2018 @05:22PM (#17486255)

My take is over the last 30 years the return for early employees has become progressively worse. To the point where the best case scenario you only break even vs a traditional job.

[ Parent | on HN ]

Re:FanDuel founders to receive no cash from sale to Paddy Po... by Bahamut on Sunday July 08, 2018 @09:52PM (#17487432)

Yeah, there's ample evidence that it's almost all no gain on the startup exit side, unless you got very lucky and worked for the right company.

I can confirm that RSU payouts at the giants far dwarf what you can get at almost all startups. The total comp difference is insane.

[ Parent | on HN ]