join an startup with 25% pay drop?

Apple AhaN10
Sep 15 23 Comments

i am at Apple with 6 years of experience, only 1+ at apple. i am. ot a fan of apple’s culture. too much efforts in too many useless details. seems manager is so adapt to apple culture and assign huge amount of tasks that i truely feel borning and unnecessary. i got a job at a Lidar startup seems to be doing pretty good, with nice potentials. the position should be interesting and high visibility.

current TC ~250k, benefit for both are quite similar

for quit and join the startup:

cons: 25% TC drop if the startup wont have bonus soon (they claim it will be implemented). much longer commute time, from 15 minutes==>70 minutes one way.
instability of the job, anything could happen to the startup, who knows

pro: potential growth is much faster. our org in Apple is saturated and wont have much opportunities.
i see autonomous be the future with at least another 10-20 years development. Lidar could still be a critical sensor technology. more opportunities for my future career?
maybe acquired or IPO within several years? then all would be worth it? depending on how mich the company worth.

BTW, i am 30+ with family.

thanks. any suggestions will be appreciated.

comments

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TOP 23 Comments
  • Hulu TgKgh2897
    Don't!!! Not a smart move. Look for bigger and better ops. Something better will come along. Having kids is not cheap.
    Sep 15 1
    • Apple AhaN10
      OP
      Thank you!
      Sep 17
  • Microsoft orki
    So velodyne
    Sep 15 2
    • Intel “SWE”
      Yea must be. Not worth.
      Sep 16
    • Apple AhaN10
      OP
      You are here solely for gossip
      Sep 16
  • Veritas / Other 13Jija
    70 minutes one way? Are you out of your mind?
    Sep 16 1
    • Apple AhaN10
      OP
      Probably....
      Sep 16
  • New / Eng
    picodog

    New Eng

    PRE
    Lockheed Martin
    picodogmore
    I’d stay at Apple. I just left a “hot” startup back to a more stable/chill job and took a 20K hit in base (overall TC is higher at new job).

    I like the job security and not having to work on the weekends.
    Sep 17 1
    • Apple AhaN10
      OP
      Thanks a lot for the reply. Yeah, the base is higher at startup, but TC is lower without bonus and RSU.
      Sep 17
  • Xilinx pMfv81
    If you can take the risk and willing to trade off time with family, go do it for a couple of years. And only if your spouse has a stable job.

    Only reason to do it would be accelerated learning. If you are optimizing for compensation (IPO etc), do not!
    Sep 16 1
    • Apple AhaN10
      OP
      Thanks for the input
      Sep 16
  • Pure Storage / Eng dhd63
    That commute is bonkers, move closer or don't take the offer. https://www.mrmoneymustache.com/2011/10/06/the-true-cost-of-commuting/
    Sep 15 0
  • Microsoft Raiders!
    Makes me like Apple products more. They obsess over shit
    Sep 15 0
  • Google UWOM24
    Does your Spouse work?
    Sep 16 2
    • Apple AhaN10
      OP
      Yes
      Sep 16
    • Google UWOM24
      That may be a safety net you can rely on.
      Sep 17
  • This comment was deleted by original commenter.

    • Apple AhaN10
      OP
      But coherent + silicon photonics won’t happen for at least 5-10 years in my opinion. Many technical issues need to be solved to be placed on car. CV using pure camera may happen before that. Maybe....
      Sep 17
  • Google / Eng fsck
    25% less TC with or without startup paper money?
    Sep 16 1
    • Apple AhaN10
      OP
      Without, paper money worth ~700k currently
      Sep 16
  • NanoString tWCs77
    Ever seen that interview with Ana Arriola where she talks about giving up $1M+ in Apple shares to join Theranos? Don’t do it imo
    Sep 17 0
  • Marvell / Eng HCiH86
    lidar is not a future of fully autonomous, computer vision is. Don’t go for velodyne, Better stay at apple or waiting for other opportunities.
    Sep 15 0
  • Google / Eng
    rQsc13

    Google Eng

    PRE
    Qualcomm
    rQsc13more
    Transfer to a closer FAANG alternative if possible if you'd really about the move
    Sep 15 0
  • Zynga parott
    No not worth it
    Sep 15 0