Re:Anime is booming, so why are animators living in poverty?
by xiphias2 on Friday February 26, 2021 @11:10AM
(#26276245)
What startups fail to disclose is that the equity they offer is not the same class as the investors have, even though they are taking a huge risk of the startup failing.
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Re:Anime is booming, so why are animators living in poverty?
by SkyPuncher on Friday February 26, 2021 @02:31PM
(#26278829)
Even if the equity is in the same category, it's unlikely to be extremely valuable.
A $2M exit sounds great until you factor in the extra taxes and 5 to 10 years to realize that. Many software developers could make a substantial amount of that, without the risk, simply by aggressively working career changes.