Most startup hiring has always been a scam for the idealistic where people would be better off statistically by just working for a publicly traded tech company that put RSUs in your brokerage account that you could immediately sell (and should) diversify once you are vested.
In my latter years of my career, I’ve been offered “great opportunities” at a startup that paid less in cash for more responsibilities than I was making as a mid level employee (cash + RSUs) at BigTech when I was there.
Of course they promised “equity” that was illiquid and probably would have been worthless.
Most startup hiring has always been a scam for the idealistic where people would be better off statistically by just working for a publicly traded tech company that put RSUs in your brokerage account that you could immediately sell (and should) diversify once you are vested.
In my latter years of my career, I’ve been offered “great opportunities” at a startup that paid less in cash for more responsibilities than I was making as a mid level employee (cash + RSUs) at BigTech when I was there.
Of course they promised “equity” that was illiquid and probably would have been worthless.