Silicon Valley's best kept secret: Founder liquidity

Re:Silicon Valley's best kept secret: Founder liquidity by throaway893 on Wednesday June 12, 2024 @11:03AM (#40658950)

You are completely detached from the real world. Even in super rich countries like the US there are a lot of people without savings, living paycheck to paycheck. Most/all software engineers outside the US can only dream of ever earning that much money. And yet here you are, worrying that you'll end up only slightly richer than people earning ~$1M per year.

[ Parent | on HN ]

Re:Silicon Valley's best kept secret: Founder liquidity by Thorrez on Wednesday June 12, 2024 @11:58AM (#40659574)

>And yet here you are, worrying that you'll end up only slightly richer than people earning ~$1M per year.

onlyrealcuzzo is comparing 2 things:

* Being a founder and working mega hours and having no life (e.g. no spouse or kids) and having a decent chance of losing most of your money as the company fails.

* Working at FAANG and making a lot of money while not having to work too much.

onlyrealcuzzo is saying the second option is better.

[ Parent | on HN ]

Re:Silicon Valley's best kept secret: Founder liquidity by RhodesianHunter on Wednesday June 12, 2024 @11:10AM (#40658998)

I don't think you fully understand the context in which this was written, but you probably should before passing so much judgement.

[ Parent | on HN ]

Re:Silicon Valley's best kept secret: Founder liquidity by chinchilla2020 on Wednesday June 12, 2024 @06:17PM (#40663803)

You're saying joining a startup is going to result in success?

Talk about detached from reality.

A 30k job at a local dev shop in Poland is going to reward you more than most startups in the US.

[ Parent | on HN ]