If you've made good money and already have a "nest egg", what would make you quit your job and go to a startup?

New / Mgmt
jstan1179

New Mgmt

BIO
Dad, business builder, vintage toys, technology lover
jstan1179
Apr 10, 2018 24 Comments

If you had $250k + tucked away in a savings account and were offered a technical cofounder position at a pre-seed startup...

What would make you quit your current job and go work at the startup?

What wouldn't make you leave?

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TOP 24 Comments
  • This comment was deleted by original commenter.

    • New / Mgmt
      jstan1179

      New Mgmt

      BIO
      Dad, business builder, vintage toys, technology lover
      jstan1179
      OP
      Yeah. I'm from North Florida. $250k could live nice for a few years here.
      Probably a few months in sf.
      Apr 10, 2018
  • Microsoft / Eng
    poolpollio

    Go to company page Microsoft Eng

    poolpollio
    Is that k supposed to be an M?
    Apr 10, 2018 3
    • Amazon
      Jooooba

      Go to company page Amazon

      Jooooba
      High COL areas are usually HCOL because people want to live there. There is zero chance I would want to move to a low COL area in Florida!
      I care a lot more about the services around me than the size of my house. But spend a while as a high performer in tech, and you can afford even a nice house in a HCOLA - and buy a vacation house somewhere cheap on the side if you want, though I prefer vacations in new places.
      Apr 10, 2018
    • New / Mgmt
      jstan1179

      New Mgmt

      BIO
      Dad, business builder, vintage toys, technology lover
      jstan1179
      OP
      That's understandable.
      Apr 10, 2018
  • Amazon
    Jooooba

    Go to company page Amazon

    Jooooba
    That’s nothing. As a L7 Amazonian it’s easy to make 3x that per year.

    Provided that I had a good chunk saved away, it would take a really interesting and impactful problem, a decent ongoing salary plus equity, and decent hours.
    Apr 10, 2018 1
  • Been there, done that. No desire to do it ever again.
    Apr 10, 2018 0
  • Uber
    xxvegas

    Go to company page Uber

    xxvegas
    First I need $5m to consider nested egg. Second with that much money I’d rather do angel investing and advising than put my skin in the game.
    Apr 10, 2018 3
    • Uber
      xxvegas

      Go to company page Uber

      xxvegas
      Yeah, I mean it is a worse idea than investing from risk/reward perspective. But feel free to follow your heart instead of brain.
      Apr 10, 2018
    • Vegas brings up a good point. Risk reward much better just investing at seed and keeping full time job at senior levels. Lots more rights than commons.
      Apr 11, 2018