LogFAQs > #967724763

Sackgurl posted...

normally changing jobs yields a 15-20% pay increase

so really what you're looking at is the high risk effect of working for a startup. have you considered the other con of startups? you're going to be working way more hours

it's pretty much unavoidable, the reason startups give equity is so the people they ask to put in OT have skin in the game and a reason to actually bust their butts

personally, i'm already well established so i would never take such a job on, i don't need that kind of time->potential money exchange to meet my long term financial goals. and i think you're likely as well established as i am, so I'd be skeptical of the exchange's value

I went over their growth plans and current work load. Its reasonable. I talked to other start ups that were crazy though and walked away. One of them I felt would be too much. Heard after from friends that did join that it was 70-80 hours a week and when they IPOd the stock tanked. So Im aware of the risks involved.

I do think this company has a very good shot though. True its a gamble. If it pays out at 5X though I could be looking at half a mil in 4 years. Or could be worth as much as Monopoly money.