Having been through 3 exits at diff stages from millions to unicorns, the biggest issue with this is actual hours worked to comp.

If you work 40hrs/wk for 100K at Big Co vs 80hrs/wk for 100K at Little Startup you need to now make 50K in equity *per year* just to match. https://twitter.com/yanda/status/1299050301429694465">https://twitter.com/yanda/sta...

If the company goes out of business (which is more statistically probable) then you basically lost $50,000 in a year. In 2 years you& #39;ve lost $100,000. Yikes.

Having done the actual calcs I would have made more ultimately by working at Microsoft for 10 years than 3 exits.

Microsoft or Google pays way more, like double, so immediately you& #39;re derisking loss. Secondly, they still give you equity but there& #39;s is real equity you can sell. You can& #39;t just sell all your shares at a startup. If you& #39;re real lucky they will let you sell maybe 30% of them.

I prefer startups for the culture and challenge. I like wearing lots of hats and smaller teams and having a large impact. However, don& #39;t let anyone trick you into thinking you& #39;ll be rich with equity in a startup.

Might as well buy lottery tickets https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙃" title="Auf den Kopf gestelltes Gesicht" aria-label="Emoji: Auf den Kopf gestelltes Gesicht">