Giving out equity in startups benefits ownership way more than employees. It allows the owners to push employees harder and harder because “you’ve got skin in the game now… you’re an owner.” No you aren’t. Owning less than 1% of anything isn’t ownership.
-
Yeah but often that salary + equity comp don’t equal to market salary comp....equity being overvalued and oversold causes this disconnect. And I’m saying OFTEN not always. Read the comments, the general consensus is against my take which help support the case of OVERVALUE
And often to don’t work at a company where you actually make a difference. Often, you’re just a pencil pusher at huge firms and live an unexciting life.
-
-
I was early employee at 2 early stage companies, both promising. Worth 0 now. Didn’t get market salary. I was OK & aware of this trade. Added comp for me was the learnings to build my own business. If no desire to build your own, the trade usually skews favor to founders.
-
Obviously it skews the business owner. Doesn’t mean that it’s not worth it.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.