Downsides to working at a tech giant

Re:Downsides to working at a tech giant by tachyonbeam on Monday December 23, 2019 @10:48PM (#21869681)

> A profitable startup can, in fact, pay through the roof.

But most startups don't become profitable, most startups fail.

IMO, you should basically assume that any stock options a startup offers you are worth zero. Decide if you want the offer based on the base pay and how interesting/stimulating the work is.

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Re:Downsides to working at a tech giant by freddie_mercury on Monday December 23, 2019 @11:52PM (#21869957)

Sure. Upon re-reading my comment I wasn't very clear. What I meant was along the lines of: the past decade VCs have convinced startups that they don't need to be profitable for many years. That's a pretty recent aberration. It took Google less than 3 years to become profitable, for instance.

I think the argument is less between "startups" and "tech giants" and more between "profitable companies" and "unprofitable companies". Profitable companies can also grow quickly, after all.

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