Re:Questions to Ask Before Joining a Startup
by mbesto on Monday November 26, 2018 @01:35PM
(#18535671)
> You are getting a significant title bump that moves your career forwards.
To add to this. The title of "early member of <insert famous startup company>" holds a lot of weight in SV circles. Whether or not you legitimately helped those companies in the early days, it's a strong signal that you are valuable. And those <insert famous startup company> doesn't have to be a company that necessarily had a huge exit or has a strong economic reputation. For example - early engineer of Yahoo? Ya, people probably think you're worth one's salt.
IMHO - I think this is the main driver people join startups. It's taboo, but vanity feels much more tangible than equity.
Re:Questions to Ask Before Joining a Startup
by ummonk on Monday November 26, 2018 @01:47PM
(#18535756)
The fraction of startups that achieve that level of name recognition is even more miniscule than the fraction of startups that achieve successful exits and let you break even financially.
To add to this. The title of "early member of <insert famous startup company>" holds a lot of weight in SV circles. Whether or not you legitimately helped those companies in the early days, it's a strong signal that you are valuable. And those <insert famous startup company> doesn't have to be a company that necessarily had a huge exit or has a strong economic reputation. For example - early engineer of Yahoo? Ya, people probably think you're worth one's salt.
IMHO - I think this is the main driver people join startups. It's taboo, but vanity feels much more tangible than equity.