Re:Startups Rejecting Venture Capital
by mosdl on Friday January 11, 2019 @01:37PM
(#18885702)
don't listen to them, the FAANG pay thing is only for select few and is obviously a bubble waiting to pop
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Re:Startups Rejecting Venture Capital
by realbarack on Friday January 11, 2019 @01:50PM
(#18885812)
People are talking about total compensation, not just cash.
> don't listen to them
GP has replied elsewhere that all his employers were startups that paid him in "worthless options".
Indeed, you won't ever see $400k or even $300k working for startups that "pay" you in illiquid 0.001% stakes in what will surely become a multi-billion dollar runaway success (in which unlikely case your share will be diluted to nothing anyway).
You can certainly stick your fingers in your ears and sing LALALA while the rest of us make real money,. Your life, your choice.