Obligatory, yes i know it demands a lot of time and lots of start ups fail, but your fancy 300-500k senior TC brag is peanuts to a CEO of a successful startup (not in the beginning). why you all so obsessed with having FAANG pimp you out? just because youre too lazy to figure out how to start or company or have no good ideas? honest question. lots of smart engineers on here. of course, being engineers you’re risk adverse. just askin questions...
Starting companies is easy. Taking them past year 2 is way fucking harder than people assume and growing them till you clear and easy 400k+ income is life consuming.
Most engineers don’t have the skillset to become successful founders, let alone successful CEOs. You’d may as well ask us why we don’t become rappers or football players.
Amen
Agreed. Currently trying to create a company, there's a lot of interesting challenges.
Good to hear. This is what I like to see
HowCouldYu logic: Good to hear. This is what I like to smell
Skill set could be different. If you factor with multiples for risk or success ratios, you it makes sense. Most are not strictly maximizing TC, but risk balanced TC. For the number of CEOs of successful start ups, there are so many that either go broke or loose out to competitors. Going broke means lower TC. If I was all-in as ceo of a startup, especially if struggling, there would be little time to Blind.
To some people, the idea is there, they know how to execute and they are optimistic so they just go for it. Others, LCing for FAANG is a better option
Have you started your own company?
OP is leetcoding all day long and is trying to reduce his opponents by distracting them
OP is a sore loser who can't get to the TC he wants and automatically assume all the people with high TC are lazy assholes.
Haha damn this one is sour
You touched a nerve lol
Blind is a company making money like facebook does: user data and advertisement.
What’s that got to do w/
Key words: Successful company. Probably less than 5% chance of making more money from your own startup, as compared with a FAANG. The experience will be great, and maybe you’ll get a much more senior position at a big company later on, but purely TC-wise, startups have a very low expected value.
But I mean if you end up in a senior position at FAANG if you’re not in that 5% that succeed, it would still worth it in regards to TC...
Oh and, engineers who think we’re not good enough to create our own startups probably haven’t worked with business people. We are way, way more qualified to be tech startup CEOs than 95% of those clowns. And the 5% that aren’t clowns already have their own trusted CTOs; they won’t bet on someone with no startup experience.
Can’t startup on H-1B. I was rejected $2M funding for my startup because I couldn’t incorporate it and work on it full time being an International student. Would have helped if I had GC. FYI I’m still on F1 OPT
At least you went for it. That’s more than most can say
Sad thing. Sometimes the ideas we have would create good companies. My idea was valued at $26M but as soon as I told my investors that I am on F1, my funding was canceled because I’d take 150 years to get GC lol. Can’t help but feel sad about it.