Ask HN: Pros and cons of working at a startup in 2019?

Re:Ask HN: Pros and cons of working at a startup in 2019? by badfrog on Sunday February 24, 2019 @09:10AM (#19238603)

> or they didn't realize just how much more FAANG actually pays than late-stage startups or even other top-tier companies (even Glassdoor is wrong)

This is true for a lot of people I talk to. It seems very odd that there's not more compensation transparency from these companies, because I know several people who would have jointed FAANG if they knew what they'd be making 3-5 years into their career.

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Re:Ask HN: Pros and cons of working at a startup in 2019? by 2plates on Sunday February 24, 2019 @11:13AM (#19239098)

I had a roommate that was frustrated by a startup who left for Google. Once I heard him talking numbers I was shocked! Also using Blind (of all places) for comp data was eye opening.

Ultimately though you have to find out for yourself. For me, I found out I was leaving $90k/year on the table. I love startups, but I don’t know if I love them that much.

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Re:Ask HN: Pros and cons of working at a startup in 2019? by xiphias2 on Sunday February 24, 2019 @11:22AM (#19239146)

You're leaving $90k/year with its compounding interest on the table. Trust me, $90k/year is nothing compared to what it will worth in 20 years if you invest it.

I'm 36 and my life is just getting easier every year while I see people around me working their asses off and being stressed over time.

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Re:Ask HN: Pros and cons of working at a startup in 2019? by badfrog on Sunday February 24, 2019 @11:36AM (#19239216)

Plus the opportunity to get promoted and make significantly more in a couple years.

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Re:Ask HN: Pros and cons of working at a startup in 2019? by mikeheaton on Sunday February 24, 2019 @11:06AM (#19239069)

I’m curious, how much is it then?

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Re:Ask HN: Pros and cons of working at a startup in 2019? by badfrog on Sunday February 24, 2019 @11:20AM (#19239137)

For FB/Google:

L3: ~$165k

L4: ~$225k

L5: ~$335k

L6: ~$450k

I think Amazon is a little less and Netflix is a little more.

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Re:Ask HN: Pros and cons of working at a startup in 2019? by souprock on Sunday February 24, 2019 @07:00PM (#19241523)

Suppose you have a family.

Moving the decimal point to account for the cost of housing, L6 is just ~$45k at FB/Google. That is not something to get excited about.

Yes, it works out differently if you are happy to rent a garage with a roommate. In that case, the pay only needs to be adjusted by a factor of 2, making the L6 have ~$225k at FB/Google. Enjoy your shared garage.

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Re:Ask HN: Pros and cons of working at a startup in 2019? by badfrog on Sunday February 24, 2019 @08:05PM (#19241873)

What's your point? I don't think anybody was commenting on how far those numbers go.

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