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A comment on What to say when recruiters ask you to name the first number. Parent comment

Re:What to say when recruiters ask you to name the first number by icedchai on Sunday August 19, 2018 @07:54PM (#17796889)
Yep. The one surefire way of becoming a startup millionaire as an engineer: save and invest consistently. I recommend that everyone read "The Millionaire Next Door" in their 20's, and actually follow it.

In 20+ years in the industry, the only equity that ever paid off didn't even make up for the pay cut that I took to go there. We don't talk about all the losers.

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Re:What to say when recruiters ask you to name the first number by jonny_eh on Monday August 20, 2018 @12:04AM (#17797646)
So far I've made way more from my house than from any company equity in SV. Earn cash, buy a house. Benefit from prop 13 and the mortgage interest deduction.
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Re:What to say when recruiters ask you to name the first number by icedchai on Monday August 20, 2018 @02:47PM (#17802656)
Yeah, makes sense. Getting a mortgage is one of the few ways a "normal" person can get a some leverage.

I do believe in the value of early stage options... The potential is just very overstated and requires a lot of things to line up right.

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