Re:The Engineer Crunch
by ForHackernews on Tuesday February 18, 2014 @04:14PM
(#7261108)
I guess that makes sense. It still seems like buying an (expensive) lotto ticket. Unless the company was doing something uniquely exciting, it doesn't seem attractive to me.
From a pure wealth maximization standpoint, you should never work at an early stage start-up. The company will probably fail, and your equity won't be worth squat.
A couple reasons you would consider that deal:
1. Hopefully within 18 months you raise a sizable round and get bumped up closer to market rate.
2. In a year, thanks to your hard effort, your equity is increasing in value, in sizable amounts.