Joined an early stage startup a few years ago when it was 20 employees and the business has been doing well with 300 employees now and valued at 500M. But I’m super burned out and there’s no way to fix it, no changing team, nothing else. I dread going into work every single day and am depressed all the time. I’m stagnant, not growing at all and they just have me spend my time “mentoring” other people since I have a lot of historical context on the company, but there’s nothing in for me. Everyone grows and learns except me. Current TC is 900k (250k base, 50k bonus, 600k equity). The equity is of course illiquid, but the company has been doing some buybacks for early employees and the price I’m basing the 600k value is the price at which I sold some of my previous equity (I realized ~1M in long term capital gains), but it certainly could still go to 0 from here (or higher, unlikely). Management is super bullish and not looking to sell for 2-3 years. Clearly I can’t clear an offer like that. A few months ago FB offered me 390k TC for an E5 offer. Am I crazy in wanting to quit, detox 3 months and then joining a company for 30% of my current TC? If I leave, I bring with me ~1.5M of vested and exercised equity over the years (which again, could go to 0). Age: 32 Yoe: 8 Net worth: 1.4M, all liquid and invested in Vanguard funds Yearly Expenses: 50k Target fire goal: 4M
Ask for a sabbatical ? Take a bit of time off and get a nice long vacation
I took a month off recently, I was extremely relaxed and happy on vacation but when I came back it was the exact same shit, instant feeling of depression. I just despise this company completely.
Time to leave then
Mental health is way more important than money, and paper money at that. However, one question you should think about is why are you burned out? Was it the hours? Job related stress? People related stress? You need to find what's sustainable for you before making a decision. If you take a break and join FB only to get burned our again, it'll be even worse next time.
Burned out by the company. I hate it with all my heart, I hate the feeling that all my net worth is trapped inside it and management just wants to keep going and take massive risks. And hate that I’m not growing at all in my position.
Sir, i think u should leave and take the cut
You'll be burned out at FB as well because E5 expectations are high as a developer and you've been only coaching others in your current job. It's very easy to land MM and you will still be depressed for the rating and also the TC cut.
Wait, so are you saying that I can’t be a SWE at a FAANG ever? I’m fluent in programming and dealing with complex code bases and I passed the interview. I feel am pretty good in C++ and kept up with C++11 and all that. Jeez...
Sure you might be a good programmer but you'll have to do a lot of catching up to be on par with current veteran E5s. Remember most people at FB are e4/5 and the company has grown so much in the past 3 years that the competition is getting more rigorous.
When was your last vacation and for how long? Sometimes all we need is a nice break away from work to put things into perspective.
I took a month off recently, I was extremely relaxed and happy on vacation but when I came back it was the exact same shit, instant feeling of depression. I just despise this company completely.
That’s good you took the month off. You may need longer and you may simply just need a change. Given the amount of money a sabbatical of 3 months may be a nice bridge, take time off, interview elsewhere, travel the world and then decide what’s next?
Heyyy how about ask for a new position. Retain your equity and proooobably all your TC. And if you don’t like it leave
Tried. No options.
You need a break. If I were you I would go the sabbatical route or vacation route first. Maybe chat with your management about unpaid leave. You'll be surprised how recharging it can be to take time off.
I took a month off recently, I was extremely relaxed and happy on vacation but when I came back it was the exact same shit, instant feeling of depression. I just despise this company completely.
That sucks. You're in a pickle. You need to make sure your health is good, depression is a serious issue. Have you considered short term disability? Since you worked there for a while you might be able to work something out with the company. Also you mentioned learning a few times. Maybe take an external trainings. Maybe have a side project within the company that gets you excited
Some may think it’s trolling because a) you’re in a ridiculously good situation even if all of your paper money disappeared, b) even the 30% tc that you claim you may have to settle for is an amazing tc, c) you’re still asking if it’s “worth it” to make a move when you’re claiming your mental health is suffering badly because of your job. In other words, from the outside it looks like a clear nobrainer, peace of mind PLUS great tc any day over slightly great++ tc. Buuuuut what batmobile above said, do some soul searching to see what’s really going on and why it will be different elsewhere.
Not trolling - the dude sounds like an entitled A-hole. Play me a tune on your pity party 🎻 You make choices every day on what to do. If it sucks, leave. If YOU choose not to do so, then STFU.
This is what happens when you are a employee. Try to become Employer not employee if you you want to earn money. or else your current job should work for you. Everyone is stressed in this unknown world but everyone hides it. You have to decide how to move further by living stressed life and earn more or other way.
That’s one reason why I invest very frugally and have all my money in diversified index funds. Of course it’s not like having a real business but at least I earn some money in my sleep.
Lmao $50k expenses what’s the point of even having TC if you live your life like a god damn bum
I am just frugal, but I don’t live like a bum at all. Share an apartment with my girlfriend and we split housing costs. Drive a Honda Civic bought brand new in 2017. Buy good food and meat at Costco and enjoy cooking good dinners at home and eat out about twice a week in places that don’t break the bank (<30$ per head). Travel internationally once a year and domestically twice a year with many weekend road trips in between and heavy Tahoe skiing in the winter. I really and truly am content with my life outside work.
Lol apartment with that TC... you sure are smart!
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Nice trolling
What part is trolling? You can decide to not believe me and that’s fine, but this is totally true, unfortunately.
Share your current employer then?