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A comment on The Real Silicon Valley. Parent comment

Re:The Real Silicon Valley by fearless on Tuesday December 18, 2012 @07:42PM (#4940586)
Assuming this is referring to founders. If you're an employee, you're the engineer making $100K in OP's comment.
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Re:The Real Silicon Valley by potatolicious on Tuesday December 18, 2012 @07:59PM (#4940643)
> "If you're an employee, you're the engineer making $100K in OP's comment."

Except when you're not. I can't count how many times people I've met have been suckered into taking substantial pay cuts for not a lot of equity.

It's a real facepalm moment - what do you mean you're giving up $40K+ a year in salary. Did you know that even if your startup hits all of its wildest dreams you'll cash out for $80-100K after about 5 years? How in the world did that math ever make sense?!

I flat out refuse to talk to any founders that try to swindle people like this. Either put more equity on the table or pay me market. Quit relying on a tired lie.

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