Re:There’s no such thing as “a startup within a big company”
by decebalus1 on Thursday February 18, 2021 @09:59AM
(#26180536)
> Startups work because you have skin in the game, when you build something people want, you get to reap rewards proportional to it.
Eh... not really. Especially not for the rank-and-file employees. Most don't get proportional rewards even if the company exits successfully. Unless you're a founder or one of the early employees, for the high percentile of successful startups, rewards are proportional with what you'd have gotten at FAANG companies during the same time.
Not to diminish your experience, but I think the idea there was that you get to work on something 'risky' but regardless of its success you'll still get your paycheck, health insurance benefits. And if it goes belly up, you can just do a lateral move to Azure or whatever instead of worrying about the very existence of the company.
Eh... not really. Especially not for the rank-and-file employees. Most don't get proportional rewards even if the company exits successfully. Unless you're a founder or one of the early employees, for the high percentile of successful startups, rewards are proportional with what you'd have gotten at FAANG companies during the same time.
Not to diminish your experience, but I think the idea there was that you get to work on something 'risky' but regardless of its success you'll still get your paycheck, health insurance benefits. And if it goes belly up, you can just do a lateral move to Azure or whatever instead of worrying about the very existence of the company.