Re:Working at a startup is overrated, both financially and e...
by khazhoux on Saturday May 22, 2021 @04:45PM
(#27250106)
Or this:
* Startup doesn't outright fail, but gets acquihired...
* Founders gets executive positions with bonus on top of bonus. Their resume has taken a huge leap forward, and if they stay at the acquiring company for just one year, they'll amass enough cash to take another couple of years off to try another startup.
* Employees get regular salary, and some small bonus to make it "worth it". They may as well have never done the startup, because it's an overall net-negative.
Oh, and the employees still have to individually interview at the company, and several won't make the cut.
* Startup doesn't outright fail, but gets acquihired...
* Founders gets executive positions with bonus on top of bonus. Their resume has taken a huge leap forward, and if they stay at the acquiring company for just one year, they'll amass enough cash to take another couple of years off to try another startup.
* Employees get regular salary, and some small bonus to make it "worth it". They may as well have never done the startup, because it's an overall net-negative.
Oh, and the employees still have to individually interview at the company, and several won't make the cut.