Depends on the maturity of the company. If its seed stage or series A or B, I consider it as zero value or maybe after future rounds it will lead to some vacation money for a trip to Europe.
Startups, if you are joining as employee number 10 or more, is for boosting your resume and skills.
A 5 year gig at a startup that scaled from 20 people to 1000 when you were working there exponentially increases your professional net worth due to contacts, connections, and insight you have that FAANG and other unicorns are extremely hungry for.
comments
If its seed stage or series A or B, I consider it as zero value or maybe after future rounds it will lead to some vacation money for a trip to Europe.
Startups, if you are joining as employee number 10 or more, is for boosting your resume and skills.
A 5 year gig at a startup that scaled from 20 people to 1000 when you were working there exponentially increases your professional net worth due to contacts, connections, and insight you have that FAANG and other unicorns are extremely hungry for.
Basically, how soon until you get the stock. And higher risk for PreIPO