I was offered a base of $220k for a startup, but they don't offer equity. I'm currently at a well-known company earning $165k with equity and many other nice benefits. Would leaving my current company for a high base for a startup with no other monetary gains be completely stupid?
TOP 8 Comments
- Glu Mobile PQSK63Yes, whole point of start up is to gamble and hit it big when company gets acquired or IPO. If you just looking for higher salary, go to Google, apple, Facebook, Uber etc. They will match that base without any issues.
- Hallmark jafV21OPFrom the posts I've seen on here, the base seems to be pretty low for lots of people working at FAANG...
- CLARA analytics ScarnScottmoreThe USPs for startup are equity in the first place. No equity means you’re not a part of the success of the startup to which you contributed through hours of efforts and letting go of a better WLB at some renowned org.
Think about it. I don’t see a point in being a part of such a startup.