Serious Question asked by someone who is planning a startup in the SF bay area. I guess his USP is less cash up front but you employees will make money via IPO. Given the commute and WLB costs, how may would accept this business model. Edit: US time zone working hours. $180K + Benefits +0 .4% equity for :- CTO 3 at this level 120K Base + benefits + 2.5% equity for co-founder/partner max 3 at this level. ~80% for VC's
Am I the only one who loves going to work?
People never specify if there’s a time zone restriction, which matters a lot. Like could we go move to a really cheap country and live off 80% SF bay salary? Cuz that’s a good deal
I'd ask for a 10% pay bump for the inconvenience of not having a comfortable office space.
Open to WFH, but not for a 20% decrease. 100% WFH isn’t a huge perk for many ppl, and isn’t necessarily less productive either, so it doesn’t justify less pay IMO. I’d rather have 2 days/wk WFH with same pay.
Sounds great but I don’t want my social and people skills to atrophy.
I work to grow. And if I'm not learning from co-workers through conversation and networking with them, then I would have wasted a large part of my true compensation.
I get WFH anyway. I would ask for a TC bump on the grounds that the employer is making substantial savings on rent.
I need my current salary matched with reimbursement for WeWork desk space
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I’d love that business model. There should be decent KPIs to measure contribution and impact though.