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  • how accurate is this post from 2016? “How much will you make in a startup? “

    updated 1 year, 6 months ago 0 Member · 1 Post
  • Jessica

    Member
    May 27, 2021 at 1:34 pm

    was some doing some research sand stumped on this post from this sub a while back. is it accurate? https://www.hq overview.com/r/startups/comments/5v71lf/how_much_will_you_make_in_a_startup/ first part copy pasted here How much will you make in a startup? Alright, did you get an offer to join a startup? Or maybe you are looking for a new career path. Are you fed up with years of wage slavery at huge corporations? Maybe you just graduated, looking for the first dent you’ll make in the world. Perhaps you and a few friends are about to embark on a new voyage to discover a trove of digital treasures. So you’re wondering if you should take that ever sought after leap of faith and join a startup? Maybe start your own? If you answered yes to any of those questions, one of the top concerns is the experience you’ll have, and the things you will learn. But after that, the next thing you might think about is how much money you’ll be making. And that’s what we’ll be talking about today. Startup Lifecycle Let’s talk about the various phases of a startup. These phases will be very relevant to the total compensation you get from your startup endeavors. Startups go through lots of phases during their total lifecycle. Let’s define a startup lifecycle as the following steps: https://i.imgur.com/ujCTtQP.png Your compensation will vary wildly depending on when you join, and when you leave through out the lifecycle. And of course, your role when you join the organization. There are many entry and exit points. The most ideal timing is you starting the company, growing it to a massive size, and then IPO’ing or selling it. If you can achieve this extremely rare feat, you will receive all the monetary gifts our society can offer. But this applies to less than 1% of the population. So let’s look at how it plays out for most people. – by /hq/94savage – –

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