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The end of Backdoor Roth?!
Would you leave your cushy corporate job to go to a start up? I’m considering it because even though the pay is less I want to make more impact and I want to learn more skills by touching more projects. Is this generally true for start ups? Is this trade off between income and potential for career growth worth it?
At the sizes of Lyft and Uber you'd be hard pressed to call them start ups. They're just unprofitable private companies.
I think you’re better off working on your own startup.
Glassdoor is hardly a start up. But if you were to go to one, go to a small one where you get significant equity and you’re a key player
Pretty sure he was referring to the startup's Glassdoor page
Yeah referring to the start up’s Glassdoor page. The start up has like ~70 employees.
Career growth at startups are a myth. You're not going to learn skills at a startup you don't have access to at a larger company. A startup just allows you to have ADHD and touch a lot of things very crappily. Big companies move slower but you learn a lot more specialization and technical knowledge. A big company is better for your "career growth" than a startup in that aspect. Startups are overrated imo. It's for people who want to do 10 things at the same time because they get bored working on one thing to completion.
Some days I really get bored though with my current job because it’s so specialized and I feel like a peon.
If you think it's what you need, then go for it. The loss in salary, on average, is huge though. Just be prepared for that. I was at a startup for 2 years, the cost so far is over 300k if I had gotten a job at Google/Facebook instead. Just for 2 years.
How old are you?
Late 20s
You have some years of experience then. You can probably negotiate a good salary if you don't go too small. And you could always get another job if you don't like it after a while. In terms of learning, you might want to look for someone to look up to in your new role
I left a six sigma loving company for a start-up like environment. I like how close to the ground everything is, where even minor changes to the backend can have immediate customer benefits, and many support calls are really worth it. I don't like the sometimes near inability to get tthe proper equipment to get things done. But, no six sigma.... ¯\_(ツ)_/¯
Never cut your pay unless it’s your own company
Are you getting stock now? How much? What’s the startup offer? What are your commitments financially?
I have stock but not much. I haven’t been with Oracle for long, if I leave now my stocks won’t even vest. I don’t have an offer from start up yet, but looking at Glassdoor seems it’s going to be low base pay even compared to what I make now. =/ I don’t have any financial commitments other than I want to increase my income so I can save more but on the other hand I want to increase the value in myself career-wise and I’m just not getting that right now. I’m just asking this question generally.
Most people’s regrets on here are not working for a big company sooner. FYI. Don’t leave now.