Tech IndustryAug 7, 2022
Amazonbanana boy

working at startups is embarrassing now

in 2021, working at a well-funded startup made you elite, it was a flex now, working at a startup has lower prestige than working at Infosys, Cisco, Oracle, Walmart etc. it's a hard pill to swallow, but the market is shifting. startups are officially 💩 tier TC 300

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246 Participants
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Coinbase not_brian Aug 7, 2022

Dumbest thing I’ve read here so far today

Chime !banker Aug 7, 2022

in a while actually

Coinbase not_brian Aug 7, 2022

True!

Meta donpepe Aug 7, 2022

Prestige don’t pay bills…

Amazon banana boy OP Aug 7, 2022

neither do startups though in this climate. monopoly money isn't accepted for rent

Amazon jidor Aug 7, 2022

If you aren't getting cash salary from a start up, that's a bad move on your part.

Podium CLjJ18 Aug 7, 2022

I’m still getting base salary offers in $170k-$200k range. So I think there are still decent opportunities in start ups. We’ll see how layoffs impact this this year but despite layoffs jobs reports are still strong.

Google atoken Aug 7, 2022

$200k is not a good salary in Bay Area…

Podium CLjJ18 Aug 7, 2022

Agreed. I’m not currently in the bay. And most offers I’ve received have included salary adjustments depending on location.

Amazon day_12 Aug 7, 2022

Who gives af about prestige. What a weird motivation.

Amazon !recession Aug 7, 2022

Disagree. Infosys and Walmart have zero prestige. No name startup is better

State Street 🍎☁️👷 Aug 7, 2022

Why walmart?

Ramp maxramp Aug 7, 2022

Perhaps some startups are pretty bad, but you are overgeneralizing

SoFi spamchamp Aug 7, 2022

I would be embarrassed if I told people I work at those companies. You think high growth companies would want to hire people who only know ancient tech stacks? Such short sightedness.

Zoetis jack06 Aug 7, 2022

This guy and OP both are idiots but in different ends of the spectrum.

Google ds5Jl1 Aug 7, 2022

Working at a "start up" never made you elite unless it is high growth unicorn and you joined early.

Chime !banker Aug 7, 2022

prestige stays same, take home money stays same, paper money part is 50% down, so overall TC is 25% down

Better.com jdbehhsu Aug 7, 2022

OCI maybe, others pay less than good startups pay in base.