~20 years, several of those startups barely managed to survive a year. I started at a more traditional tech company and got recruited to a startup after a couple of years.
For my region, $150-175k, engineering. Last startup I worked at (>1 year ago) paid $120 + roughly 30k in options (so, divided $30000 by strike price resulting in N options). Company exited for 5x venture funding.…
None. Eleven startups. Net value of options: zero. Plenty of exits, but thanks to preferences overhangs, zero value for employee stock options. Yes, got decent salary, but not FAANG level. VCs may be able to write off…
~20 years, several of those startups barely managed to survive a year. I started at a more traditional tech company and got recruited to a startup after a couple of years.
For my region, $150-175k, engineering. Last startup I worked at (>1 year ago) paid $120 + roughly 30k in options (so, divided $30000 by strike price resulting in N options). Company exited for 5x venture funding.…
None. Eleven startups. Net value of options: zero. Plenty of exits, but thanks to preferences overhangs, zero value for employee stock options. Yes, got decent salary, but not FAANG level. VCs may be able to write off…